Gold Prices Rise Amid Recession FearsGold Prices Rise Amid Recession Fears
As the XAU/USD chart indicates, gold prices have risen in the early days of March.
Bullish sentiment is being driven by:
→ Investor positioning ahead of key US labour market data – the Non-Farm Employment Change report (due Friday at 16:30 GMT+3), which could provide insights into the Federal Reserve’s interest rate trajectory.
→ Trump’s tariff announcements, adding to global trade tensions – According to The Wall Street Journal, recession fears are resurfacing among market participants. Meanwhile, Barron’s draws a parallel between Trump’s tariffs and the 1930 Smoot-Hawley Tariff Act, which is widely blamed for deepening the Great Depression.
Technical Analysis of the XAU/USD Chart
Gold prices in 2025 are forming an ascending channel (marked in blue).
From a bearish perspective, we observe:
→ A break below an intermediate bullish trendline (shown in orange).
→ The median line of the channel acting as resistance (indicated by an arrow).
→ A bearish Quasimodo pattern (labelled near key price extremes).
From a bullish perspective, gold remains within the blue ascending channel, suggesting that its lower boundary could act as support. If this holds, bulls may attempt to push prices higher towards the key $3,000 psychological level.
However, market direction will largely depend on the broader news backdrop, particularly developments in geopolitics and global trade policy.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Xauusdanalysis
Shorting gold, a precise hit yielded a handsome profitBrothers, as a professional trader, my rich trading concepts and strategies have been widely praised by my friends. Have you followed my trading strategies and ideas to short gold? As I wrote in my previous post, I shorted gold as soon as the price hit the 2925-2930 area and made a profit of more than 200pips. Presumably, as long as the brothers who follow my strategy to short gold, they will definitely gain a lot of profits.
I always believe that profit is the standard for measuring strength. I want to tell you that I never talk in vain. Everything is based on trading data. The cake is only so big. When others have started to taste it with me, are you still hesitating? Remember, as long as you follow my trading strategy and ideas, wealth will inevitably come to you. There is still a lot of time today. Let's keep working hard. I believe we will gain more profits.
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.
Gold is waiting to break new highs, and the callback in late traFrom a technical perspective, the current upper 2924-2930 range has become a resistance zone for further increases in gold prices. The stability of the market bottom shape and the overall stronger trend in late trading indicate that gold prices are expected to break through this resistance in the future and set a new intraday high. At the same time, the 2912-2907 area below provides solid support for gold prices and provides a strong guarantee for the continuation of the bullish trend. Therefore, in the late trading operation, we recommend that investors mainly go long on callbacks.
Late trading operation strategy 1: It is recommended to go long in the 2918-2913 area, stop loss at 2907, and the target is 2930-2940.
Those who are long gold or want to go long remember to readAt present, the candlestick chart is in an undoubted bullish trend, with large positive lines at the bottom rising one after another, showing a strong trend all the way north. The continuous large positive lines have consolidated the foundation of the bulls. Although the market has seen a large negative line drop during the period, the positive line has quickly and strongly pulled up, and has now completely engulfed the negative line entity, forming a typical bullish engulfing pattern, which is undoubtedly a strong signal that the upward trend is further strengthened. At the same time, the 50-day moving average continues to maintain an upward rhythm, and the 2908 point support level is as solid as a rock. This point is an excellent opportunity to enter the market.
The gold four-hour line continues to show the phenomenon of positive lines engulfing large negative lines. This candlestick chart pattern is usually regarded as a strong reversal signal, which means that the bulls are rising strongly and gradually regaining market dominance. It is a wise choice to follow the trend and arrange long orders at the key support level of 2908. It has effectively blocked the short-selling offensive many times and has strong support. Going long at this position is expected to make rich profits in the continuation of the bull market. Go long at 2908, target 2918-2928-2938.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my article channel at the bottom.
XAU/USD 06 March 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed a bullish CHoCH according to analysis and bias dated 28 February 2025.
Price is currently trading within an established internal range.
Intraday Expectation:
Price is now trading in premium of 50% internal EQ where we could see a reaction at any point. Price could also target H4 supply zone before targeting weak internal low, priced at 2,832.720
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 03 March 2023.
As mentioned in my analysis dated 28 February 2025, whereby price printed a bullish CHoCH but stated I would continue to monitor price.
On this occasion I have marked the previous bullish CHoCH in red as price did not pull back deeply enough to warrant internal structure breaks, additionally, there was minimal time spent .
Price has printed a further bullish CHoCH which is now confirmed. Price is not trading within an established internal range.
Intraday Expectation:
Price to continue bullish, react at either premium of internal 50% EQ, or M15 supply zone before targeting weak internal low priced at 2,832.720.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Gold price falls back and continues to go long!Gold price breaks low and rises, breaks high and falls, 2920-2893 breaks through to determine the right to speak
Overnight, we went long at 2900 for gold, there are many layouts at this position, the big positive line went straight up to the sky, directly reached above 2920, and realized the harvest of long orders. At present, it is still in the form of longs. We still choose to go long at 2900, and low long is inevitable. The upper side is still looking at the historical high of 2956
GOLD RALLIES STRONGLY – WILL THE BULLS MAINTAIN CONTROL?💠 GOLD ANALYSIS – 03/05/2025
📌 Market Overview
Gold continues its strong upward trajectory, holding firm above key resistance levels. Following the release of ADP Nonfarm employment data, the market responded with increased demand, reinforcing the bullish sentiment.
🔥 Macroeconomic Factors at Play
The U.S. dollar (USD) has weakened due to ongoing tariff uncertainties and mixed economic data from the U.S. While there was a short-lived recovery in the dollar late last week, the overall sentiment suggests further strength in gold. Given this outlook, buying opportunities remain attractive as the price action aligns with technical confirmations.
💡 Strategic Focus for Today
During the Asian and European trading sessions, traders should closely monitor resistance levels to assess potential early BUY entries. If gold reaches the 2928 - 2926 zone, this could present an ideal setup for short-term SELL scalping, similar to yesterday’s move, which yielded a 150-pip profit.
🔹 Key Support & Resistance Levels
🔺 Resistance Levels:
2928 - 2942 - 2954
🔻 Support Levels:
2904 - 2894 - 2886 - 2874
🎯 Trading Plan for Today
🟢 BUY ZONE:
Entry: 2886 - 2884
Stop Loss (SL): 2880
Take Profit (TP): 2890 - 2894 - 2898 - 2905
🔴 SELL SCALP:
Entry: 2942 - 2944
Stop Loss (SL): 2948
Take Profit (TP): 2938 - 2934 - 2930 - 2925 - 2920
🔴 SELL ZONE:
Entry: 2954 - 2956
Stop Loss (SL): 2960
Take Profit (TP): 2950 - 2946 - 2942 - 2938 - 2934 - 2930
📌 Key Considerations & Risk Management
✔ Risk Control: Strictly adhere to Take Profit (TP) and Stop Loss (SL) levels to protect capital.
✔ Market Behavior: Prices may consolidate before tomorrow’s Nonfarm Payroll (NFP) data release, requiring patience and a disciplined approach.
✔ Confirmation Before Execution: Avoid premature entries—wait for clear signals to maximize trade efficiency.
📢 Will gold continue its bullish momentum or face a pullback? Drop your insights below! 🚀🔥
Keep the trading rhythm of shorting goldBros, although gold seems to want to continue to rise, it still faces resistance in the 2930-2940 zone in the short term, and even resistance near the stage high of 2955, so it is not easy for gold to seek a breakthrough upward.
Moreover, it is easy for technical false breakthroughs to occur before the NFP market on Friday, and there are technical temptations to do long candlesticks. Therefore, before breaking through the key resistance area, we can still short gold, and it is not difficult to expect gold to retreat to the 2910-2900 zone.
Bros, did you follow me to short gold? Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
Perfectly achieved the goal of 2910, another winning streak!There is no unsuccessful investment, only unsuccessful operation. As a professional trader, I have rich practical trading experience and unique trading philosophy. I have studied the gold field for many years, have a solid theoretical foundation and practical experience, and am good at combining technical and news operations. My operation style is steady and decisive. I am recognized by many friends for my easy-going and responsible personality and sharp and decisive operations.
After shorting gold at 2919 and 2928 at the same time, I had a good sleep and directly hit the target of 2913, grasping the highest and lowest prices, and profited more than 200pips from it, which is a very impressive trading result.
I think there is nothing more comfortable than this. Is it because yesterday's market fluctuations were too stable, so today gave me a little surprise in advance?
I believe that many people saw the fast trading strategy I sent and bought it. It is worth a toast.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my article channel at the bottom.
Gold Price Action: Why I Took Profits EarlyYesterday, gold initially dropped below 2900, briefly testing the 2895 zone as support before reversing sharply to the upside.
Although I had a sniper entry with a 500-pip profit target, I chose to close my trade with a 250-pip profit instead.
The reason for this decision is the strong resistance between 2920 and 2930, along with multiple barriers extending toward 2940.
Looking ahead, a breakdown below 2910 would confirm my slightly bearish bias and could trigger a new leg downward.
For now, I’m staying out of the market, waiting for confirmation of my bearish outlook before initiating sell positions.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD: Riding the Trade War Wave: Will We See New Highs?Hey Realistic Traders, Will OANDA:XAUUSD See New All-Time High Soon? Let's dive into the analysis...
Analyzing XAUUSD price movements using Elliott Wave Theory suggests a possible significant upside in Wave 5. Wave 3 previously didn't go beyond the 1.618 Fibonacci extension, classifying it as a normal wave. Wave 4 then retraced to around the 0.618 Fibonacci level, forming a bullish descending broadening wedge pattern.
The breakout from this descending broadening wedge on the 1-hour chart, combined with a golden cross in the MACD indicator, indicates the potential start of Wave 5. Since Wave 5 is expected to be extended, its movement might be greater than Wave 3. However, we conservatively expect the extended Wave 5 to reach a maximum of the 0.786 Fibonacci level.
Based on these technical indicators, the price is projected to rise towards the target of 2950, and possibly the second target at 2969, as long as it stays above the critical stop loss level of 2900.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Gold".
Gold (XAU/USD) 1H Chart Analysis – Key Levels & Trade Setups!Gold (XAU/USD) 1H Chart Analysis 🏆✨
1️⃣ Support & Resistance Zones 🚧
Resistance Zones (Purple areas):
🔹 Lower resistance ~ 2,920
🔹 Upper resistance ~ 2,960
Support Zone 🛡️ around 2,900
2️⃣ Possible Price Movements 📈📉
✅ Bullish Scenario: If price breaks above 2,920, it may surge towards 2,960 🚀💰
❌ Bearish Scenario: If price gets rejected at 2,920, a pullback to 2,900 is likely ⚠️📉
3️⃣ Trend Analysis 📊
🔥 The price is in an uptrend after bouncing from 2,880
🔍 Watch the 2,920 level—break or rejection will decide the next big move!
💡 Trading Plan:
Bullish: Wait for a breakout 🔼 above 2,920, then target 2,960 🎯
Bearish: Short if price rejects 2,920, aiming for 2,900 📉
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Unswervingly short goldBrothers, good morning. Gold is still fluctuating in a narrow range. From the hourly chart, it is difficult for the price of gold to break through the upper resistance area of 2930-2940 in the short term. In the following trading rhythm today, we still maintain the attitude of shorting gold. The short-term focus below is to fall back to the support area of 2910-2900.
Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
Now is the best time to short gold prices!At present, the price of gold fluctuates in a narrow range around 2926. There is no major news to boost or suppress the price of gold in the short term. From the trend, it is obvious that the rebound of gold is not enough to support the continuation of the rebound and breakthrough of gold. Therefore, after consuming a certain amount of bullish power, the bears will regain control of the situation.
So in the short term, you can still try to short gold again. I have already shorted gold around 2920-2930. The target is 2918-2908 area. Wish us good luck! Brothers, have you followed me to short gold?
Want to get a continuous and stable real-time trading opportunity to recover losses? Join me at the bottom of the article information.
Analysis Gold buy NowDistance Analysis from Current Price (2,921.67 USD)
1. Resistance Level (2,955.44 USD)
Distance from Current Price: 33.77 USD
2. Intermediate Resistance (Green Line around 2,940 USD
Distance from Current Price: 18.33 USD
3. Support Level (Middle Red Zone around 2,910 USD)
Distance from Current Price: 11.67 USD
4. Major Support (Lower Red Line around 2,900 USD)
Distance from Current Price: 21.67 USD
---
Potential Price Movements:
Bullish Case:
If the price breaks above 2,940, it may rise toward the major resistance at 2,955.44 (+33.77 USD).
Bearish Case:
If the price drops below 2,910, it could decline toward 2,900 (-21.67 USD).
"Gold (XAU/USD) Forming Inverse Head & Shoulders – Bullish BreakThis chart represents the technical analysis of Gold Spot (XAU/USD) on a 1-hour timeframe. Here are the key insights:
### **1. Head and Shoulders Pattern:**
- The chart suggests a possible **inverse head and shoulders** formation.
- **Left Shoulder:** Marked at a recent price dip.
- **Head:** A lower dip indicating a strong support level.
- **Right Shoulder:** Expected to form at a slightly higher level than the left shoulder.
- This pattern is **bullish**, indicating a potential price reversal to the upside if the neckline (resistance level) is broken.
### **2. Bearish Flag & Downtrend Resistance:**
- A **bearish flag** is drawn on the chart, showing a downward sloping channel.
- The price is currently trying to break out of this downtrend.
- A successful breakout above this resistance could lead to bullish momentum.
### **3. Key Levels:**
- **Major Resistance:** **$2,952.784** (Highlighted in red).
- **EMA 200 Support:** **$2,899.278** (The blue moving average line).
- **Current Price:** **$2,908.690**
- **Main Support Area:** The green trendline supports the potential right shoulder.
### **4. Possible Market Movement:**
- The red arrows suggest a **bullish breakout** scenario.
- The price may test support around the green trendline before pushing higher.
- If the inverse head and shoulders pattern plays out, the price could move toward the **$2,950+** resistance.
### **5. Conclusion:**
- **Bullish Scenario:** If price breaks above the neckline, it could continue towards **$2,950 - $2,960**.
- **Bearish Scenario:** If price fails to hold the right shoulder support, it may drop back toward **$2,880 - $2,860**.
By KingProTrader
XAUUSD: 5/3 Today's Market Analysis and StrategyGold technical analysis
Daily chart resistance 2930, support below 2892
Four-hour chart resistance 2930, support below 2884
One-hour chart resistance 2930, support below 2912
Gold news analysis: Spot gold fluctuated narrowly at high levels on Wednesday and is currently trading around $2917/oz. Against the backdrop of escalating trade conflicts after US President Trump imposed new tariffs, the US dollar weakened to a near three-month low, and increased safe-haven demand pushed gold prices up sharply on Tuesday, reaching an intraday high of $2927.9/oz, which has risen for two consecutive trading days. Against the backdrop of escalating trade conflicts after US President Trump imposed new tariffs, the US dollar weakened and safe-haven demand increased, pushing gold prices up. Given the potential economic instability and weak job market, the Federal Reserve may cut interest rates ahead of schedule. Following three rate cuts last year, the Federal Reserve has kept interest rates stable. The market expects the Federal Reserve to resume rate cuts in June and may cut further in September. Investors need to pay close attention to changes in the international trade situation. The latest news shows that the United States may ease the tariff issue, which may weaken the safe-haven buying of gold and provide short-term opportunities for gold bears. This week's focus turns to Wednesday's ADP employment report and Friday's US NFP employment report to find clues to the Fed's interest rate trajectory.
Gold operation suggestions: Yesterday, gold fell slightly in the Asian session and stabilized at the 2880 mark, ushering in a strong rise after bottoming out. The European session accelerated to break through and stood above the 2900 mark to continue its strong upward trend. The US session accelerated to break through the 2927 line and fell under pressure and fell into a shock consolidation. The daily chart closed with two consecutive gains.
From the current trend of gold, today's lower support focuses on the one-hour level and the daily level are 2912-2892, respectively. The upper pressure focuses on the vicinity of 2930. Continue to rely on this range to sell high and buy low during the day. If it breaks through 2930, it is expected to approach the historical high. Wait patiently for key points to enter the market.
BUY:2892 near. SL:2887
BUY:2900 near. SL:2895
BUY:2912 near. SL:2908
SELL:2930 near. SL:2935
Trade with small size!
Is there any hope for the golden three thousand?Because the rise in the past two days is a rebound after the previous continuous decline, whether this rebound can stabilize and turn strong still needs to be observed. After the lower track of the previous rising channel broke, the support turned into pressure. It is currently fluctuating sideways near it and has not yet stood up, so it is not ruled out that there may be a suppression and decline today.
Therefore, for today's gold, focus on two positions 2900 and 2920
If it breaks below the 2900 watershed, the market is bearish, and the support below is 2880-2870, where we can see a rebound.
If the big sun stands strongly above 2920-2927, then the retracement can be seen as a second rise, and the upper pressure is near the high point of 2945-2956
Gold's upward fluctuation is in line with expectations!Today's short-term gold operation strategy recommends buying on pullbacks and shorting on rebounds. The short-term focus on the upper side is the 2927-2930 line of resistance, and the short-term focus on the lower side is the 2900-2902 line of support.
Short position strategy:
Strategy 1: Short 20% of the position in batches near 2927-2930 in the early trading of gold, stop loss 8 points, target near 2910-2900, break to see 2890 line;
Long position strategy:
Strategy 2: Buy 20% of the position in batches near 2900-2902 when gold falls back, stop loss 8 points, target near 2915-2925, break to see 2930 line;
How can gold break its position as it continues to fluctuate?Recently, bearish voices have been rising in the market. The main point is that gold cannot rise, so it will fall. However, we can see that although the current price cannot rise, it cannot fall either, which is particularly obvious at the hourly level. After each retracement, there is a rapid bottoming out and a long lower shadow, which shows that the support below is strong, which is in the process of weakening the resistance sentiment of the bears and releasing the pressure of the bears. In the process of rising, it encounters short-selling obstacles. As the price continues to rise, the resistance increases, and it is necessary to reduce the burden through selling pressure so that it can be lightly equipped in the future. Therefore, the current cross line and repeated high-level fluctuations should be regarded as corrections. This correction will not change the upward trend and the rhythm of the bull market, but is for a better rise.
Today's short-term gold operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 2956-2960 first-line resistance, and the lower short-term focus is on the 2928-2930 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches near 2955-2958 in the early trading, stop loss 8 points, target near 2940-2935, break to see 2930 line;
Long position strategy:
Strategy 2: Buy 20% of the gold position in batches near 2930-2932 when gold falls back, stop loss 8 points, target near 2945-2955, break to see 2970 line;
Has gold risen and fall peaked?Today's short-term gold operation ideas suggest that it is mainly long for pullbacks and short for rebounds. The short-term focus on the upper short-term focus on the 2950-2954 line resistance, and the short-term focus on the 2918-2910 line support.
Short order strategy:
Strategy 1: Gold rebounds around 2950-2953 and shorts two-tenths of positions in batches, stop loss at 8 points, target around 2935-2920, break the position and look at the 2915 line;
Long order strategy:
Strategy 2: Gold pulls back around 2913-2916 and goes long in batches of two-tenths of positions, stop loss at 8 points, target around 2920-2930, break the position and look at the 2940 line;