GOLD.PRO.OTMS trade ideas
XAUUSDTrend: Short-term upward momentum confirmed.
Bullish Confirmation: Breaking above 2925.70 will confirm continued bullish momentum.
Target: Price may reach the next psychological level at 3000.00, where we could expect a reversal.
Key Insight: We’ve broken past previous quarter’s levels, signaling strong short-term upward movement.
XAUUSD: Caution Ahead of Non-Farm Gold (XAU/USD) FXOPEN:XAUUSD is trading at $2,902/oz as of today, showing sideways movement as traders anticipate critical U.S. employment data releases later tonight. The Non-Farm Employment Change and Unemployment Rate are expected to bring significant market volatility, making risk management essential for traders.
Technical Analysis – XAU/USD
Current Market Overview
Current Price: $2,902/oz (consolidating in a tight range)
Key Support Levels: $2,890/oz (short-term support), $2,875/oz (major support)
Key Resistance Levels: $2,915/oz (immediate resistance), $2,928/oz (major resistance)
Conclusion
With high-impact U.S. employment data approaching, gold traders should exercise caution and prioritize risk management. Expect sharp price swings post-announcement, potentially leading to a breakout from the current range.
🚨 Stay alert, trade cautiously, and be prepared for volatility! 🚀
GOLDGOLD is rejecting 2920 and acceptance will be pushing price into 2927 and 2930.above 2930 and acceptance will open 2947-2958 and 2979-2970 will be watched.
XAUUSD FORECAST || GOLDHello traders! It's another incredible day! So today, we are looking at GOLD. It looks very good. We need to wait for the price to give a clear picture of what it wants to do next. As a good trader, you must know the right time to be out of the market and the right time to be in.
In this video, I also discussed how you can utilize the higher timeframe. Watch it to the end to get useful insights that you can add to your trading!
Gold prices are said to be negative in the short termWorld gold prices recovered slightly amid a decline in the US dollar. At 9:45 a.m. on March 3, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 107.130 points (down 0.4%).
Gold prices will continue to decrease. “There is no reason to think that this profit-taking correction will not last for a while longer. But we need to remember that so far gold has only fallen less than 4% from its peak, after rising 12% this year.”
The fundamentals that drove gold demand over the past two years remain intact, so any possible decline to as low as $2,600 an ounce would be short-lived.”
In addition to strong demand from central banks, I also expect capital flows into gold ETFs to increase as interest rates fall, making gold more attractive to investors.
“However, this factor may be somewhat affected by speculators reducing their net buying positions in the gold futures market. Currently, the net buying position remains very high as concerns about lingering tariffs from the administration of US President Donald Trump cause investors to seek safe haven assets such as gold."
GOLD possible bearish continuationXAUUSD - Possible for a bearish continuation for next week, with NFP forecasted to be weaker. But watchout for some retrace / correction for intraday play.
GOLD → Retest of risk zone 2880. A pullback is possibleFX:XAUUSD is breaking the local trend and is testing the panic and risk zone of 2880 as part of the correction. A retest of this area will increase the chances of a trend change
Gold is losing growth due to uncertainty of Trump's tariff plans and economic problems in the US. Contradictory statements from the president are supporting the dollar, while rising bond yields are holding back gold prices.
Markets are waiting for US GDP data: if the figures are lower than forecast (2.3%), gold may rise. Fed speeches are also important, but the key will be Trump's statement, which may change the market sentiment
Technically, locally we have a bearish market structure and in this case we expect the decline to continue after a small correction.
Support levels: 2878, 2888
Resistance levels: 2890, 2907
False breakdown of the above support, after such a strong fall, may form a correction. Initially, the price may head towards 0.5 Fibo, after a small pullback we may test 0.7 Fibo. But then we will have to watch the price reaction.
If the gold will go down, the focus will be on 2880.
If the movement will be difficult and the price will start to test the resistance, then in this case, against the background of high risks, we can return to the growth phase.
Regards R. Linda!
DeGRAM | GOLD working out a rising wedgeGOLD is in an ascending channel between trend lines, in a range of $2877 to $2940.
The price is moving from the upper boundary of the channel and has already dropped below the dynamic support.
We expect the decline to continue after consolidation under $2877.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
As mentioned yesterday, we were looking for the retracement into that 2920 level before another opportunity to short gold following our latest bias level targets and Excalibur. The move presented itself and although it was very choppy we completed the targets below.
We now have support below at the 2910 level with resistance again at 2920, for that reason, if we stay above the key level we're likely to see this want to settle around the circled region. We need to monitor this 2925-30 level again tomorrow, as a spike and rejection can cause another bearish day.
Morning review:
Price: 2914
KOG’s Bias of the day:
Bearish below 2935 with targets below 2910✅, 2900✅ and below that 2997✅
Bullish on break of 2935 with targets above 2942, 2945 and above that 2950
RED BOXES:
Break above 2916 for 2920, 2927 and 2935 in extension of the move
Break below 2910 for 2903✅, 2900✅ and 2893✅ in extension of the move
As always, trade safe.
KOG
GOLD Resistance Ahead!
HI,Traders !
GOLD is making a local
Rebound but a horizontal
Resistance is ahead at 2875.23
So after the retest we will be
Expecting a local bearish pullback
And a move down !
Comment and subscribe to help us grow !
XAUUSDWeekly timeframe finally showed a bearish candle after two months of only bullish candles.
Daily must break and close below the previous Higher Low, of the prior uptrend where we came from.
H4 huge consolidation, we must break it to start a downtrend
Gold’s Sell-Off Continues: Is 2850 the Next Target?It has been a rough week for Gold bulls.
After reaching a new all-time high on Monday, Gold experienced a sharp sell-off, breaking multiple support levels—just as I highlighted in my recent analyses.
Yesterday, I pointed out that the 2880 support level was unlikely to hold and that a drop toward 2850 was the most probable scenario. Overnight, Gold hit a low of around 2856, which now raises the key question: is the correction nearing its end, or is there more downside ahead?
What’s Next?
✅ Bearish Continuation: Now the mid-term trend turned bearish. Gold is known for its strong directional moves, and history suggests that once momentum picks up, the asset rarely stops immediately. As long as Gold trades below 2880, the path of least resistance remains to the downside.
✅ Key Resistance at 2880: This level, previously a support, has now turned into a significant resistance zone. A retest of this area could present new selling opportunities for traders looking to join the trend.
✅ Potential Rebound from 2850: Although the trend favors further downside, the 2850 zone is a critical area of interest. Given the size of the recent decline—nearly 1,000 pips in just a few days—a short-term bounce cannot be ruled out. However, any bullish move would need strong confirmation before considering long positions.
Conclusion:
Selling rallies into resistance remains the safer strategy, while buyers should exercise caution and wait for clear signals before stepping in.
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.
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our route map is providing perfect level to level guidance for us on this chart idea.
Yesterday we stated that we got our first bullish target at 2950 and that we will need to see ema5 cross and lock above 2950 to open the range above or failure to lock above will see price reject for a test on the lower Goldturn at 2927 to complete the bearish gap.
- This played out perfectly with no ema5 cross and lock above 2950 confirming the rejection and into our bearish target 2927 just like we said. We were able to capitalise on the bounces inline with our plans to buy dips on all the weighted levels. We are now seeing price in the retracement range will need to see a lock below this level for a continuation into the swing range or failure to lock will see another push up.
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
2950 - DONE
EMA5 CROSS AND LOCK ABOVE 2950 WILL OPEN THE FOLLOWING BULLISH TARGET
2969
EMA5 CROSS AND LOCK ABOVE 2969 WILL OPEN THE FOLLOWING BULLISH TARGET
2986
EMA5 CROSS AND LOCK ABOVE 2986 WILL OPEN THE FOLLOWING BULLISH TARGET
3006
BEARISH TARGETS
2927 - DONE
EMA5 CROSS AND LOCK BELOW 2927 WILL OPEN THE FOLLOWING BEARISH TARGET
2903 - DONE
EMA5 CROSS AND LOCK BELOW 2903 WILL OPEN THE SWING RANGE
SWING RANGE
2884 - 2861
EMA5 CROSS AND LOCK BELOW 2861 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
2841 - 2820
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
GOLD| THE DAILY DECLINE WILL BEGIN BELOW BREAKOUT ZONEGold prices by the "breakaway gap" rose on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fueled safe-haven demand for the metal.
Despite this upward movement, gold remains under selling pressure and continues to trade within a strong support zone. A sharp upward movement is anticipated, potentially reaching 2,879, before a subsequent decline aimed at breaking this support zone by surpassing the 2,858 level. Should the price move below this threshold, the downward trend is expected to persist, with targets set at 2,833 and 2,810.
It is crucial to remain informed about any statements or policy decisions made by former President Trump regarding tariffs, as such developments could significantly influence gold’s trajectory, leading to heightened market volatility.
However, a breakout above 2,879 by a 4-hour candle will drive prices higher toward the 2,905 level.
Bearish target: 2858, 2833, 2810
Bullish target: 2879, 2905, 2935
Your feedback is valuable! If you agree or see something different, comment below—let’s exchange ideas!
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains in a strong uptrend, and every pullback presents a buying opportunity within the trend.
The best approach at this stage is to wait patiently for a price correction to support levels before entering a buy position.
Another strategy is to wait for a break above the recent high and then enter a buy trade on a pullback to the broken level.
The bullish trend remains intact, but trade entries should be executed with proper risk management and confirmation signals.
What’s your outlook on gold? Do you expect further upside?
Don’t forget to like and share your thoughts in the comments! ❤️
Gold Price Analysis: Short-Term Pullback Before Resuming Uptrendhello guys.
let's analyze gold
Resistance and Pullback:
The price recently tested a resistance zone around $2,900, which could indicate exhaustion in the current uptrend. The immediate pullback from this level suggests that buyers are taking profits, and the market may temporarily retreat.
Support Zone:
The blue support zone (ranging from $2,820 to $2,840) is crucial. This area aligns with the rising trendline, and it is expected to provide support. If the price reaches this region, it could trigger another round of buying, pushing gold higher once again.
Next Move:
If gold prices successfully hold above the support zone, we might see a continuation of the uptrend toward the upper boundary of the channel, potentially targeting $2,950 to $3,000 in the coming weeks.
However, if the support fails, a deeper pullback could test the next key levels below $2,800 before the market can resume its upward trajectory.
Conclusion:
The pullback from the $2,900 resistance zone suggests a likely short-term correction. Gold prices are expected to test the blue support zone around $2,820 before potentially resuming the bullish trend toward higher levels.
i use multiple setups for confimtions **📉 Gold Short Trade Idea - Trend Continuation Setup**
I'm looking for a **sell opportunity** on Gold (XAU/USD) based on the bearish market structure and key confluences:
✅ **Bearish Trendline Respect:** Price is rejecting the descending trendline.
✅ **Supply Zone Rejection:** 2,877 - 2,878 acting as resistance.
✅ **Volume Confirmation:** Selling pressure is increasing.
✅ **Market Structure Shift (MSS):** Lower highs & lower lows confirming a downtrend.
✅ **RSI Weakness:** Bearish momentum remains strong.
**📌 Trade Plan:**
🔹 **Sell Entry:** 2,877 - 2,878 (after rejection confirmation).
🔹 **Stop Loss:** Above 2,880 - 2,882 (above liquidity zone).
🔹 **Take Profit Targets:**
- 🎯 **TP1:** 2,870
- 🎯 **TP2:** 2,865
- 🎯 **TP3:** 2,858
📊 *Risk Management:* Waiting for price to confirm rejection before entering. A break above 2,880 invalidates the setup.
📢 **Let me know your thoughts! Would you take this trade?** 🚀 #Gold #XAUUSD #Forex #Trading
The Pygmalion Effect in Trading: Expectations Shape Your Resuls!The Pygmalion Effect is a psychological phenomenon where higher expectations lead to improved performance, while low expectations result in poor outcomes.
This concept, often explored in education and leadership, also plays a crucial role in trading psychology.
Your beliefs about your trading abilities, strategies, and the market can directly influence your results.
But how can you use this to your advantage, and when does it work against you? Let’s explore.
________________________________________
How the Pygmalion Effect Applies to Trading
At its core, the Pygmalion Effect suggests that what you expect tends to become reality—not through magic, but through subconscious behavioral shifts. In trading, this can manifest in several ways:
🔹 Confidence in Your Strategy – If you genuinely believe in your trading system, you're more likely to follow it with discipline, leading to consistent results over time.
🔹 Fear and Self-Doubt – If you constantly doubt your trades, hesitate to enter, or close positions too early out of fear, you reinforce negative expectations, leading to underperformance.
🔹 Risk-Taking Behavior – Overconfidence, another side of the Pygmalion Effect, can lead to excessive risk-taking, believing that every trade will be a winner—just as dangerous as self-doubt.
How to Use the Pygmalion Effect to Your Advantage:
✅ Develop a Strong Trading Plan – Confidence comes from preparation. A well-tested strategy gives you a clear roadmap to follow.
✅ Control Your Self-Talk – The way you talk to yourself matters. Replace " I always lose trades" with "I am improving my risk management and discipline."
✅ Focus on Process Over Outcomes – Instead of worrying about individual wins or losses, focus on executing your plan consistently.
✅ Surround Yourself with Positive Influences – Follow traders and mentors who reinforce disciplined trading habits rather than hype and emotional decision-making.
✅ Use Visualization Techniques – Imagine yourself trading successfully, making rational decisions, and following your plan—this can train your mind to align with positive expectations.
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Applying the Pygmalion Effect – A Real Market Example:
Let’s take a real-world example to illustrate this concept:
For several days, I have been warning about a potential major correction in Gold. The reason? Looking at the daily chart, even though Gold has made all-time highs in the last 10 days, these highs are very close together, and each time the price hit a new top, it reversed sharply.
This pattern is a classic sign of a reversal.
Yesterday, Gold closed with a strong bearish engulfing candle, another indication that a correction is underway.
Now, if we look at the hourly chart (left side), we can see an aggressive drop followed by a retest of the 2930 level—a typical move before further decline.
Here’s where the Pygmalion Effect comes into play:
✅ We see the setup clearly.
✅ We trust our analysis.
✅ We execute with confidence.
Following this logic, Gold could continue its correction, breaking below 2900, possibly testing 2880 support or even lower. We put the strategy into action with conviction.
Final Thoughts:
The Pygmalion Effect in trading is powerful—your expectations can make or break your performance. By setting high but realistic expectations, reinforcing confidence, and focusing on disciplined execution, you can shape yourself into a profitable, consistent trader.
Trust what you see, believe in your strategy, and trade with conviction.
👉 What are your expectations for your trading? Let’s discuss! 🚀📊
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.
Gold will rise to $3190, then adjust to decline for a few year.Gold will launch its final charge to $3,190 in the short term, and then fluctuate and adjust to fall. It may be adjusted for several years and may fall below US$2,000.
