Gold futures for April are trending upWorld gold prices continued to rise amid a weakening US dollar. The US Dollar Index – a measure of the greenback’s strength against six major currencies – fell 0.49% to 106.145 points.
Risk aversion remains high in the market due to geopolitical tensions and new tax policies. The US has just imposed tariffs on goods imported from Mexico, Canada and China. In response, these countries have also applied retaliatory measures, affecting about $1,000 billion of global trade.
China is likely to let the yuan depreciate to reduce the impact of tariffs and boost exports. If the yuan continues to weaken, many investors in China may flock to gold as a safe haven.
Asian and European stock markets are trending lower, while US stocks are also forecast to open with slight losses.
SUPPORT : 2900 , 2892
RESIST : 2930 , 2950
Metals
GOLD → Breaks 2881. Buyers are ready…OANDA:XAUUSD breaking through the resistance threshold of the downward trend and attempting to seek gains above the critical resistance zone of 2881. A consolidation before the breakout is forming relative to 2894, signaling potential growth on the dollar's correction foundation.
Previously, Trump confirmed the possibility of imposing 25% tariffs on Canada, Mexico, and China, triggering retaliatory measures and increasing the risk of U.S. recession. Declining PMI and Atlanta Fed's GDP led to a sell-off on Wall Street and increased demand for gold as a protective asset.
Geopolitical tensions persist as Trump suspends military aid to Ukraine, sparking European discontent. Market focus will remain on the release of detailed U.S. monthly employment information - commonly known as the Non-Farm Payroll (NFP) report on Friday. This crucial data will impact both USD and gold metal.
Technically, the price surpassing the 2881 resistance level divides the market into two planes. A consolidation before breakthrough is forming relative to 2895. The resistance breakthrough and price consolidation above 2895 could reinforce growth. The buyers' main focus is maintaining defensive positions above 2885 - 2895.
In the context of increasing economic risks and declining dollar, gold has every opportunity to continue its growth following the local trend change. The targets in this scenario are 2915, 2921, 2929.
Best regards, Bentradegold!
GOLD recovers, fueled by trade risks as key support Influenced by US President Trump's imposition of new tariffs on imports from Canada and Mexico and the doubling of tariffs on Chinese goods, the situation has raised fears of a global trade war. OANDA:XAUUSD found support after fresh tariff concerns and rebounded to target $2,900 and above it the momentum is waning.
Trump's tariff policy continues to boost inflation expectations while weakening economic growth expectations, and real yields continue to decline.
The upcoming Nonfarm Payrolls (NFP) and Consumer Price Index (CPI) reports will have an important impact on the market. If data shows rising inflation, gold prices could fall as the market may reduce expectations for an interest rate cut by the Federal Reserve. Recently, the market expected the Federal Reserve to cut interest rates by 75 basis points by the end of the year, up from 44 basis points last week.
Trump's tariff action, which could affect nearly $2.2 trillion in annual US two-way trade with China, takes effect at 12:00 Hanoi time on Tuesday. China responded immediately by imposing additional tariffs of 10%-15% on certain US imports effective March 10 and imposing a series of new export restrictions on certain designated US entities, according to Bloomberg.
Meanwhile, Canadian Prime Minister Justin Trudeau said Ottawa will immediately apply a 25% tariff on $20.7 billion worth of US goods.
JPMorgan said it has a structurally long-term bullish view on gold and expects gold prices to reach $3,000 by the fourth quarter of 2025. Trump's tariffs are considered inflationary and have prompted many investors to move money into the safe-haven gold, which has risen more than 10% this year.
However, higher inflation in the United States could force the Federal Reserve to maintain high interest rates for longer, which could reduce the appeal of non-yielding bullion. Markets await the ADP jobs report on Wednesday and the US nonfarm payrolls report on Friday for more information on the Federal Reserve's interest rate path.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold has achieved the $2,900 target gain readers noticed in previous editions since it reached support at $2,835.
Temporarily, the recovery momentum is weakening but maintaining price activity above the original price level of $2,900 is considered a positive signal for continued upside, and the next target is $2,942 in the short term, more than the all-time high of $2,956.
The interim relative strength index is also showing signs of reacting to the 61 resistance level, a continued break towards the overbought area would be a positive signal for bullish expectations in terms of momentum.
During the day, gold's price recovery prospects and notable positions will be listed as follows.
Support: 2,900 – 2,880 – 2,868USD
Resistance: 2,942 – 2,956USD
SELL XAUUSD PRICE 2941 - 2939⚡️
↠↠ Stoploss 2945
→Take Profit 1 2933
↨
→Take Profit 2 2927
BUY XAUUSD PRICE 2884 - 2886⚡️
↠↠ Stoploss 2880
→Take Profit 1 2892
↨
→Take Profit 2 2898
Gold price today: Extend the momentum!Gold prices continued their upward momentum today, hovering around the $2,910 level. The last recorded trade for gold stood at $2,928 per ounce, marking a 270-pip increase compared to early yesterday morning.
Accordingly, gold prices are currently experiencing strong impacts from USD fluctuations and US tariff policies. Meanwhile, President Donald Trump continues to raise concerns by threatening to impose tariffs on imports from Mexico and Canada. These factors could determine whether gold can reach the $3,000 per ounce mark or not.
Currently, investors are awaiting the US payroll report, expected to be released at the end of this week. The report's results could influence the monetary policy of the Federal Reserve (FED).
On the technical chart, the precious metal has broken out of the descending price channel and made adjustments to create new highs. Bullish factors are driven by the crucial support level at 2885 and the two EMA lines at 34 and 89. All expectations are focused on gold's long-term price appreciation because any signs of US economic slowdown will support calls for Fed rate cuts and provide support for OANDA:XAUUSD .
GOLD TREND ANALYSIS: WEEK 11 (MARCH 5-7, 2025)GOLD TREND ANALYSIS: WEEK 11 (MARCH 5-7, 2025)
The remaining days of this week bring news with enough punch to drive smooth price action on the charts.
Today: ADP and PMI data.
Thursday: Unemployment Claims.
Friday: Non-Farm Payrolls.
By mapping these events onto the chart, we focus on their timing and impact. Here’s how GOLD’s price is expected to play out for the rest of Week 11:
Weekly High: 2,925
Weekly Low 1: 2,868
Weekly Low 2: 2,840
Main Trend: SELL on D1; once the D1 bottom forms, a new upward peak will follow.
Current H4 Buy Trend: A corrective pullback wave.
This Week’s Move: GOLD will see an H1 uptick, peaking alongside H4, then both frames drop hard. This surge could hit around Friday’s Non-Farm news—or follow the attached chart’s path.
Stay sharp, bro—Friday’s drop could be the big one!
Gold price today: Strong rebound!Dear traders!
At around 6 AM on March 4, the spot gold price stood at $2,894 per ounce, marking a $36 increase from the previous day's opening price of $2,858 per ounce.
The primary reason for this rise is the increased risk aversion among investors, driving higher demand for safe-haven assets like gold amid escalating geopolitical tensions. Over the weekend, a heated exchange between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky raised concerns that efforts to end the Ukraine-Russia military conflict could reach an impasse.
Additionally, U.S. trade tariffs on Mexico, Canada, and China take effect today, March 4, sparking fears of potential financial market instability. This uncertainty has pushed many investors toward gold as a wealth preservation asset.
Meanwhile, a sudden decline in the U.S. dollar has made gold more attractive to investors holding other currencies. As a result, today's gold price outlook remains positive. Keep an eye on the $2,892 resistance level, as a breakout above this point could signal further upside momentum.
What are your thoughts?
Trade Idea: XAUUSD Long ( BUY LIMIT )Technical Analysis:
1. Trend Analysis:
• H1: Uptrend resuming after a pullback. MACD histogram turning positive, indicating bullish momentum. RSI at 59.21, showing strength but not overbought.
• M15: Price recently broke above resistance and is holding above it. MACD near zero but turning positive, supporting bullish continuation. RSI is neutral at 50.36, leaving room for further upside.
• M3: Strong breakout and consolidation. MACD is positive, and RSI at 52.73 shows bullish strength.
2. Support & Resistance:
• Key support: 2900
• Key resistance: 2945
3. Moving Average Confirmation:
• On all timeframes, the price is holding above the moving average, signaling bullish continuation.
Fundamental Analysis:
• Gold is benefiting from safe-haven demand amid global uncertainties.
• US Dollar Index (DXY) has been weakening, which supports gold’s upside.
• Upcoming economic data (if dovish) may further push gold higher.
Trade Execution:
• Entry: 2915 (Current price)
• Stop-Loss (SL): 2900 (Below key support)
• Take-Profit (TP): 2945 (Key resistance level)
FUSIONMARKETS:XAUUSD
Do you want to go long or go short? This article is enoughBrothers, gold has touched the 2915-2925 area as expected, and I have also made a wave of short gold in time according to my trading ideas. Gold is currently affected by tariffs, and gold may continue to fall in the evening. As long as the resistance above gold is still near the 2915-2925 area or breaks through this area, we will still focus on shorting gold. When gold falls back and touches 2895-2885 below, gold still has room for a second rebound. Therefore, when gold falls back to this area, we can try to go long gold.
Friends who entered my article, as long as they followed my trading signals, they all made wrong profits. If you want to get detailed trading signals, just move your finger to join my bottom article and make money easily! I really want to help you, but if you are not even willing to extend your hand, how can I help you?
Great situation, continue to short goldDear traders, our gains today are quite good. As I wrote in the last article, gold will fall back after rising high, so the brothers who followed my trading strategy have made considerable gains. As far as the current trend of gold is concerned, after gold fell back to 2900, it showed a short-term rebound trend. Then the short-term upper resistance of gold will be suppressed near the 2915-2925 area. When the price touches this area, we can continue to short gold. In the short term, we will focus on the 2895-2885 first-line support below.
Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, make stable profits, or want to learn the correct trading logic and skills in depth, you can consider joining the channel at the bottom of this article.
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower as market volatility increased due to tariff concerns. Although the index dropped below the 240-day moving average, it formed a lower wick, indicating an attempt to establish a short-term bottom. On continuous futures, the 240-day MA is slightly below 20,000, meaning that the 20,100–20,000 zone is a key support area where a technical rebound is likely following the recent sharp decline. If the market falls into this zone, it could present a swing buying opportunity. Since the daily MACD and signal line are dropping steeply, a sideways consolidation period may be necessary to reduce their angle and separation before further directional movement.
Given that the Nasdaq rebounded strongly after forming a lower wick yesterday, a pullback in pre-market trading could provide a buy-the-dip opportunity. Additionally, potential bullish catalysts include today’s ADP Non-Farm Employment data and Friday’s Non-Farm Payroll report.
On the 240-minute chart, the index is forming a bullish divergence and attempting a golden cross, reinforcing the buy-the-dip strategy at current levels. Therefore, chasing shorts is not advisable, as the Nasdaq has entered a more attractive buying zone. A range-trading approach remains effective, with a preference for buying near support.
Crude Oil
Crude oil closed lower, finding support near previous demand zones. Despite the continued downtrend, the $66–67 range remains a strong support area, making it a potential rebound zone for technical buyers. However, on the daily chart, the MACD and signal line are sloping downward sharply, meaning that selling pressure could intensify further. Long positions should be initiated as close to the lower support zone as possible.
On the 240-minute chart, the MACD has formed another bearish crossover, confirming strong selling momentum. However, when compared to the previous MACD level near $68.50, price has declined further, but the MACD has not dropped as low, suggesting a potential bullish divergence. Since this zone has historically acted as strong support, a buy-the-dip strategy remains preferable, but traders should remain cautious of today’s Crude Oil Inventory report, which could lead to increased volatility.
Gold
Gold closed higher, successfully rebounding from support. Yesterday, gold reached the previously projected target of 2,925, aligning with the 240-day moving average characteristics.
If gold continues higher, the 2,940 level will act as resistance, as this is a previous supply zone on the daily chart. Therefore, further upside should be monitored carefully before making new decisions. Since the daily MACD and signal line remain widely separated, this is not an ideal condition for chasing long positions. Even if gold extends its rally, a pullback is likely, making buying dips a safer approach.
On the 240-minute chart, the MACD formed a golden cross, leading to a sharp rally. As expected, price reached the 60-day MA following the 240-day MA bounce. However, while the MACD has moved above zero, the signal line is still below zero, meaning that another corrective phase could occur before further upside. Additionally, there is a possibility that gold could revisit the 2,850 support zone to form a double-bottom structure, making buying dips a better strategy than chasing breakouts. Overall, a range-trading strategy—buying low and selling high—remains effective, and today’s ADP Non-Farm Employment data could introduce market volatility.
As market conditions shift, risk management remains crucial. Stay disciplined, adapt to volatility, and trade with confidence. Wishing you a successful trading day! 🚀
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Gold rebound is weak!Gold rebound is weak! The main short-selling force is still there, seize the opportunity to cover!
Although gold rebounded slightly in the short term, the fundamental negatives continue to ferment! Gold has failed to effectively break through the area near 2922 many times during the rebound, so gold is still in a weak position. If there is no special news affecting the market, gold will continue to fall after consuming a certain amount of bullish energy, and may even fall to the 2910-2900 area. So in terms of trading, we can temporarily maintain the attitude of shorting gold.
The short trend has not changed, and the rebound is an opportunity to increase positions! The downward space of gold is far beyond expectations. When most people are afraid, it is the time for shorts to be greedy. Miss the first wave of decline? The second wave of short dividends will be doubled! Brothers, are you bearish on gold like me? If you want to know more detailed trading ideas and get more trading signals, you can choose to join the information at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Bearish drop?XAU/USD has reacted off the resistance level which is a pullback resistance that is slightly below the 78.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2,925.63
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement.
Stop loss: 2,953.39
Why we like it:
There is a swing high resistance level.
Take profit: 2,880.98
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
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XAUUSD Resistance rejection expected.Gold (XAUUSD) is rising after an exact rebound on its 4H MA200 (orange trend-line). Every time the 17-month Channel Up posted a similar 4H MA200 rebound, Gold got rejected on the upper Resistance and re-tested one more time the 4H MA200.
A trading plan involving a buy targeting 2960 (Resistance) and then reversing to a sell targeting 2880 (4H MA200) is technically viable based on those occurrences.
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GOLD ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the markets with our chart idea playing out perfectly!!!
Yesterday we got our Bullish target at 2872 with a further cross and lock above 2872 leaving open 2901.
- This was hit perfectly today followed with ema5 cross and lock above 2901 opening 2921, which was also hit completing the range perfectly.
We will now look for a further cross and lock above 2921 to confirm a continuation or a failure to lock above will follow with a rejection to test lower Goldlturns for support and bounce.
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 - DONE
EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET
2901 - DONE
EMA5 CROSS AND LOCK ABOVE 2901 WILL OPEN THE FOLLOWING BULLISH TARGET
2921 - DONE
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
Those who are shorting or want to short should readGold is about to plummet, and the price of gold in the European session has risen because of the tariff issue. At present, the price of gold has returned to rationality, and it is normal to fall. There will be a plunge in the evening. This is also the last wave of bulls rushing to the top. The plunge is coming.
The gold daily level has not yet broken through the resistance position, and the K-line rebound is also a normal rebound. The upper resistance is 2925-2935. Hold this area, or the overall short is mainly short. It is inevitable to short below this resistance. At least below 2880, are you ready, brothers!
So you can still try to short gold again in the short term. I have already shorted gold near 2925-2915. Wish us good luck! Brothers, have you followed me to short gold? Friends who have entered my bottom article have all obtained wrong profits as long as they follow my trading signals. If you want to receive detailed trading signals, you can move your fingers and join my bottom article to make making money a matter of course! I want to help you with all my heart, but if you don’t even want to extend your hand, how can I help you!
Gold - 1H TF BULLISHEven though mid term we're bearish on Gold, I still cannot ignore the fact there is a lot of pending LQ on Gold around the ATH. Also, as it's a new month, the new monthly candle requires some liquidity from the upside before it can drop.
On the 1H TF I'll be targeting small zones for buys & once price reaches that zone, I can monitor for any possible rejections back down, or possible further upside. TARGET 1: $2,903📈
Fast Trading Strategy Makes a Big Profit AgainDear friends, have you been consistent with my advice under the guidance of our fast trading strategy? Many people have successfully made profits, and the bearish momentum remains strong. Following my shorting area at 2915-2920 has proven to be fruitful, as the pullback trend continues to perform well. But as gold fell sharply to around 2900 in the short term, it is clear that our short position has hit the target: TP: 2904. I made more than 3K profit on this short, which is a good trading result.
If you want to know more detailed trading ideas and get more trading signals, you can choose to join the information at the bottom of the article to make trading no longer difficult and make making money a pleasure!