Gold 1H Intra-Day Chart 21.03.2025Gold has been dropping lower today as I said would happen last night. So what's next?
Option 1: Gold keeps dropping towards $3,020. Target is very close.
Option 2: We see Gold consolidate and play out a redistribution schematic within this yellow zone.
Which option do you agree with more?
Metals
GOLD (XAUUSD): Selling Now is HIGH RISK
The head & shoulders pattern that I spotted earlier
perfectly played out and we saw a strong bearish move after the
NY session opening.
HOWEVER, be extremely careful.
Many traders started to sell heavily, anticipating an extended bearish reversal.
For now the price nicely respected 3000 psychological support
that previously was a resistance.
I suggest not placing any short trades this week.
Let's wait till Monday and how the market opens.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Wave 5 Bull Complete?! (4H UPDATE)Gold is now down 570 PIPS from its high & melting down so far. Much more downside to come😉
We're currently seeing 'Minor Wave 1' of the overall bearish trend take place. Next we can expect to see a 'Minor Wave 2' correction. Those who haven't entered already, can take advantage of Wave 2 corrections. 📉
XAUUSD: 21/3 Today's Market Analysis and StrategyTechnical analysis of gold
Daily chart resistance 3057-3100, support below 3000
Four-hour chart resistance 3057, support below 3024
One-hour chart resistance 3044, support below 3024.
Analysis of gold news: Gold hit a record high on Thursday (March 20) after the Federal Reserve hinted that it might cut interest rates twice this year, further enhancing the appeal of gold under the current geopolitical and economic tensions. Spot gold basically remained stable around $3030, after hitting a record high of $3057.21. Due to the severe overbought daily indicators, some profit-taking was triggered, and the strong performance of the US dollar also put pressure on gold prices. After the recent consolidation, gold prices rose sharply, breaking through the important mark of $3,000, thanks to increased safe-haven demand. Growing market concerns about the negative impact of trade frictions, including a weak global economy, possible rising inflation, escalating geopolitical tensions, and a more hawkish stance than expected by the Federal Reserve, continue to drive gold's bullish outlook. At present, the market is intertwined with long and short forces, geopolitical risks and Fed policy expectations dominate sentiment, and the technical side shows a high overbought signal. The future trend needs to be alert to the risk of short-term correction and decline.
Gold operation suggestions: Gold stabilized at the 3022 mark yesterday and continued to rise strongly. In the European session, the gold price accelerated upward and pierced the 3057 mark. After hitting a historical high, it fell back and fell into shock. The gold price in the NY market fell back and stabilized at 3025, and then formed a narrowing triangle.
From the current trend analysis, the support below focuses on the four-hour level 3024 line. If it breaks again, it will fall to the daily level 3000 support. Focus on the important support of the daily level 3000 line. The retracement relies on this position to continue to be bullish.
Buy: 3000near SL: 2995
Sell: 3024near SL: 3030
HelenP. I Gold will rise a little more and then drop to $2985Hi folks today I'm prepared for you Gold analytics. After analyzing this chart, we can see that the price spent some time trading within a consolidation range before rebounding from the support zone to the upper boundary of this range. It then hovered around this area for a while before starting to decline. In a short time, the price dropped to the trend line, breaking through Support 2 and exiting the consolidation phase. Following this, the price reversed from the trend line and began to rise, soon reaching Support 2 again, breaking above it, and consolidating near this level. Later, it broke below the trend line and declined toward the support zone. After that, Gold made a strong upward impulse toward Support 1, also breaking the trend line. Shortly after, it breached Support 1 and traded within the support zone for some time before resuming its upward movement. However, I anticipate that XAUUSD will rise slightly before reversing and dropping back to the support level, breaking the trend line. Based on this scenario, my goal is set at 2985 level. If you like my analytics you may support me with your like/comment ❤️
GOLD: Bullish Continuation & Long Trade
GOLD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry Level - 3002.0
Sl - 2994.0
Tp - 3017.2
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
Breakout Confirmed! Gold’s Next Target Could Be $3,500+Gold has reached a new all-time high (ATH), signaling strong bullish momentum. The breakout above the long-term rising trendline, which previously acted as resistance, indicates a shift in market structure.
The resistance zone has now turned into support, confirming buyers' dominance. A minor pullback or retest of this breakout level could be expected before a stronger continuation to the upside.
If the price sustains above this zone, potential targets lie at $3,100-$3,200 in the short term and $3,500+ in the medium term.
Gold can continue to grow inside upward channelHello traders, I want share with you my opinion about Gold. This chart shows how the price initially rebounded from the support level, which aligned with the buyer zone, but soon reversed and dropped back down to the support line. After hovering near this line, the price entered a triangle pattern, where it bounced off the resistance line and fell to the support line, breaking below the support level. Following that move, the price reversed upward and returned to the buyer zone, where it consolidated briefly before declining again to the support line. From there, it bounced and began to climb. Shortly after, the price broke through the 2915 level and eventually exited the triangle pattern. From that point, the price started trending upward within an ascending channel, reaching the current support level, which overlaps with a key support area, before rising to the resistance line of the channel. Recently, the price pulled back to the support zone once again, and I believe there’s a good chance it will decline a little below from this area and continue its upward move within the channel, aiming for the resistance line. For this scenario, my TP is set at 3080. Please share this idea with your friends and click Boost 🚀
Gold Sideways consolidation blow ATH Trend Analysis:
Gold price action exhibits a bullish sentiment, underpinned by the prevailing uptrend. The recent intraday movement appears to be a corrective sideways consolidation, suggesting that the bullish momentum remains intact despite short-term profit-taking and consolidation.
Key Level (3000):
The critical trading level to watch is 3000, which marks the previous consolidation price range. A corrective pullback toward this level, followed by a bullish bounce, would reaffirm the strength of the uptrend and could trigger further buying interest.
Resistance Levels:
If the bullish sentiment prevails and the price bounces back from the 3000 level, the upside targets include:
3050 - Immediate resistance level.
3082 - Secondary resistance level.
3100 - Long-term bullish target.
Bearish Scenario:
Conversely, a confirmed loss of the 3000 support level, accompanied by a daily close below it, would negate the bullish outlook. This breakdown could pave the way for a deeper retracement, targeting:
2957 - Initial downside support.
2909 - Major support zone.
Conclusion:
The Gold market remains bullish amid the prevailing uptrend, with the 3000 level acting as a critical support. A successful bounce from this level would likely see the continuation of the upward movement toward 3050, 3082, and 3100. However, a confirmed break below 3000 could trigger a deeper correction, opening the way for a retest of 2957 and 2909 support levels. Traders should closely monitor price action around the 3000 mark to gauge the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Theory.This is just a theory about CRYPTO:BTCUSD
I think we’re going to see a lot of global economic problems in the near future. THEY will try to preserve THEIR capital with gold and Bitcoin, as the stock market stagnates.
I believe we’re in the BUBBLE RUN, but the key question remains open: “At what stage of the BUBBLE RUN are we?”
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!
SPY/QQQ Plan Your Trade for 3-21-25 : BreakAway PatternToday's Breakaway pattern may show up in the form of an Island Top or break-away to the upside if my analysis is correct.
I see the markets stalling over the past few days, potentially setting up a "last breakaway" type of pattern today.
I've highlighted how these "last" patterns work where price sets up a peak or trough (in this case a peak) as a last/exhaustion move and how this move can sometimes be very aggressive.
I urge traders to stay cautious today as we are moving into a MAJOR REVERSAL weekend.
I believe the markets will suddenly change direction next week (early) and will move back into downward trending by March 25-26.
Gold and Silver may rally today if the markets move into that Exhaustion Peak pattern. Keep an eye out for Gold/Silver/Bitcoin to potentially rally today and into early next week.
Overall, traders should stay very cautious as we move into next week's peak/top/rollover.
Don't get too aggressive trying to prepare for the rollover or any potential upside move over the next 3-5+ days.
Let the markets show us what and when we need to be aggressive.
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
Silver Steadies Near $33.20 After PullbackSilver hovered near $33.20 on Friday morning after two consecutive sessions of decline. The recent upward momentum, initially fueled by China’s stimulus measures, has temporarily stalled. Nevertheless, the potential for further gains remains intact amid persistent uncertainty surrounding former President Trump’s tariff policies and escalating geopolitical risks. In addition, the Federal Reserve’s soft approach to interest rates, even if temporary, continues to support interest in non-yielding assets like silver.
If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.
Gold Nears $3,030 on Fed Cut HopesGold hovered near $3,030 on Friday, close to record highs and heading for a third straight weekly gain. The rally is driven by dovish Fed signals and strong safe-haven demand. The Fed reaffirmed plans for two rate cuts in 2025 amid rising economic uncertainty, while Powell downplayed Trump’s proposed tariffs as temporarily inflationary but saw no urgency to cut rates.
Geopolitical tensions also supported gold, with Israel escalating operations in Gaza, Hamas striking Tel Aviv and the U.S. continuing airstrikes in Yemen. Markets are also watching the April 2 deadline for Trump’s reciprocal tariffs, fueling trade concerns. Gold is up over 15% year-to-date.
Key resistance stands at $3082, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.
GOLD Will Go Lower From Resistance! Sell!
Take a look at our analysis for GOLD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 3,028.74.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,994.67 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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!
Hellena | GOLD (4H): LONG to resistance area 3100.Wave “3” is still continuing its progression. This means that the five-wave impulse is not over yet and we expect the upward movement to continue.
Of course I would like to see wave “4” as a corrective wave in the area of 3024 level, then I expect an upward movement to the area of 3100 level. This level is also considered to be quite strong, from which there could be a correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PLATINUM Approaching Key Resistance – Potential Reversal?OANDA:XPTUSD is approaching a significant resistance zone, marked by previous price rejections and strong selling pressure. This level has historically acted as a key supply zone, making it a critical area to watch for potential bearish reactions.
The recent bullish momentum has brought price back into this resistance, increasing the likelihood of a pullback if sellers regain control. If rejection is confirmed within this zone, we could see a move lower toward the $1,005 level, aligning with a corrective move after the recent rally. However, a strong breakout above this resistance would invalidate the bearish bias and could lead to further upside.
Traders should watch for bearish confirmation signals, such as rejection wicks, a bearish engulfing pattern, or increasing selling volume, before considering short positions.
Let me know your thoughts or any additional insights you might have!
Gold price looks to $3,057Brian, hello to all my dear friends!
Today, gold continues to face downward pressure from $3,058, as bullish speculators appear reluctant to place new bets following the recent price surge and modest gains in the US dollar. However, persistent economic uncertainties amid Trump's tariffs and Fed rate cut expectations will continue to maintain upward momentum.
Furthermore, from the technical analysis charts, the upward trend is still performing very well with consistent price increases and no signs indicating that gold is falling into an unstable condition.
Gold (XAU/USD) - Head & Shoulders Breakdown & Bearish MoveOverview of the Chart & Market Context
The 1-hour chart of Gold (XAU/USD) reveals a classic Head and Shoulders (H&S) pattern, a well-known bearish reversal formation. This pattern suggests that the recent uptrend has lost momentum, and a potential downside move could be in progress.
Currently, the price is testing the neckline, which serves as a key support level. If a decisive breakdown occurs, it could confirm further bearish momentum, leading to a sharp decline toward the projected target price of $2,995.
Key Technical Analysis & Levels
🔹 Resistance Level & Reversal Zone (~$3,055–$3,060)
The price attempted to break this resistance but faced strong rejection, forming the head of the pattern.
The area was tested multiple times, confirming that sellers are in control.
This level acts as a supply zone, preventing the price from moving higher.
🔹 Support Level (Neckline of H&S Pattern at ~$3,025–$3,030)
This level represents the critical neckline, which has been tested multiple times.
If price breaks and sustains below this support, the H&S pattern will be validated, signaling a deeper drop.
A successful retest of the neckline as resistance could provide an optimal shorting opportunity.
🔹 Projected Target Price (~$2,995)
The expected downside move is calculated using the measured move technique, measuring the distance from the head to the neckline.
This target aligns with previous structure support, increasing its significance.
Detailed Breakdown of the Head & Shoulders Pattern
📍 Left Shoulder Formation
The market experienced an initial bullish push, reaching a local high, but sellers entered and pushed prices down.
This formed the first lower high, hinting at potential weakness in the bullish trend.
📍 Head Formation
After retracing from the left shoulder, buyers made another attempt to push prices higher.
The price formed a new peak, but it was unable to sustain the breakout above the resistance level (~$3,055–$3,060).
A sharp sell-off followed, reinforcing that sellers are dominant at higher levels.
📍 Right Shoulder Formation
The price attempted another rally but failed to break the left shoulder’s high, creating the right shoulder.
This failure confirmed a gradual loss of bullish strength.
After forming the right shoulder, the price began to drop toward the neckline support.
📍 Breakout Confirmation & Bearish Price Action
The price has now broken the neckline (~$3,030), indicating an early-stage breakdown of the H&S pattern.
If the breakdown holds, further downside movement toward $2,995 is likely.
A retest of the neckline as new resistance would be an ideal entry point for short positions.
Trade Setup & Risk Management
📌 Potential Short Trade Setup:
Entry: After a confirmed break and retest of the $3,030 neckline.
Stop-Loss: Above the right shoulder (~$3,045–$3,050) to minimize risk.
Take-Profit: Around $2,995, aligning with the measured move.
📌 Risk Factors & Market Conditions:
If the price fails to hold below the neckline, it could indicate a false breakdown and a possible bullish reversal.
Macroeconomic data (such as interest rates, inflation, and geopolitical tensions) may impact gold prices.
Traders should watch for volume confirmation – increased selling pressure strengthens the validity of the breakdown.
Final Thoughts & Market Outlook
📉 The Head and Shoulders pattern signals that gold is losing bullish momentum, with a potential drop toward $2,995.
🔍 A break and retest of the neckline as resistance would confirm further downside movement.
⚠️ However, a failed breakdown could lead to a recovery, so traders should wait for confirmation before entering trades.
💬 What do you think about this setup? Are you going short on gold? Drop your thoughts in the comments below! ⬇️
Silver Approaching Critical 32.95 Support LevelSilver has broken below the 33.50 support and is retreating quickly. The main support lies around the 32.95 area, where both the uptrend line and the 38.2% Fibonacci retracement level converge. This zone could potentially offer a buying opportunity, provided the support holds.
However, if Silver breaks below 32.95 and retests it from underneath, it could also present a selling opportunity. In both scenarios, a high risk/reward trade setup with well-placed stops may form.
Caution is advised, as Silver is known for sudden price spikes, especially around key support and resistance levels.
Gold Short to $2675Looks overpriced. CMC Gap at $2675, there is high chance to go to $2000 if filling the gap won't be enough to bounce back.
I expect to close my Short between $2675 and $2300. Of course anything might change.
In my opinion we can get a Black Swan event this or next week. Most of the stocks, indices, crypto looks very dumpy short term.