XAUUSD XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.Longby HavalMamar2
GOLD (XAU/USD)—$2,975 HIGH SPARKS BUZZGOLD (XAU/USD)—$2,975 HIGH SPARKS BUZZ (1/9) Good afternoon, TradingView! Gold (XAU/USD) hit $ 2,975 in Feb ‘25, up 5-7% YTD 🌍 2024’s 26-27% gain shines—here’s the breakdown. (2/9) – PRICE RISE • 2024 Gain: 26-27%, best since 2010 📈 • 2025 YTD: 2,955-2,975, 5-7% up 💡 • Feb 24: +0.52% to new high 🌞 Gold’s climb, safe-haven rules. (3/9) – MARKET MOVES • Trade Fear: Tariffs spark inflows 🌟 • FASB: Coinbase tie lifts mood 🚗 • Dip: $ 2,940 Feb 25, profit takes 📊 Gold’s humming, tension fuels it. (4/9) – SECTOR SNAP • Price: 2,940-2,875, $ 20T+ cap 🌍 • Vs Silver: Outpaces XAG’s wobble 💪 • Forecasts: UBS $ 3,200—value gap? 📉 Gold’s steady, peers falter. (5/9) – RISKS IN FOCUS • Fed: High rates cap upside ⚠️ • USD: Tariff boost stings 🔒 • Profit Takes: -1.27% Feb 25 🐻 Gold’s firm, but headwinds nip. (6/9) – SWOT: STRENGTHS • Gain: 26-27% ‘24—tough haul 💪 • Demand: Banks, ETFs pile in 🏋️ • Hedge: 4.3% inflation shield 🌱 Gold’s gritty, crisis-proof. (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: No yield, USD bite 🙈 • Opportunities: Tariffs, $ 3,200 zing 🌏 Can gold vault past the snags? (8/9) – Gold’s $ 2,975 peak, your view? 1️⃣ Bullish, $ 3,200+ soon 😎 2️⃣ Neutral, Holds, risks linger 🤷 3️⃣ Bearish, $ 2,800 dip looms 😕 Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY Gold’s $ 2,975 Feb high and 26% ‘24 stack up, safe-haven star Trade fears lift, risks loom, gem or pause? Longby DCAChampion5
Gold Trade Plan 05/03/2025Dear Traders, my Scenario still same as Yesterday,, waiting for buy Area 2890-2900 To 2942 If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Longby alirezakUpdated 5
Next Gold move? XAUUSD | H1 timeframe 🙌 Market is in range bound between 2902.0 and 2919.00 ❗️ There is a several rejections at both sides What we are expecting in this scenario ? There is a Trendline which is indicated a bullish bias on that basis we are expected 2929.00 then 2935.00 point On other hands if candle closed below 2902.00 - 2900.00 area this setup would be in Invalid 👋Longby professionaltradersfx2
GOLD - wave analysis, update for wave 4 Hi All! Wave 4 Correction Before Further Growth Gold appears to have entered Wave 4 of a five-wave Elliott impulse from the 2955 level and is now in a corrective phase before resuming its uptrend. 🔹 Key Levels to Watch: 1️⃣ 2860 – A potential termination point for Wave 4, as multiple support levels converge here: • 0.23 Fibonacci retracement • Upper boundary of the Wave 1-2 channel • Median line of the Wave 1-2-3 channel Gold is expected to find support at this level unless significant bearish fundamental factors emerge. 2️⃣ 2800 – If 2860 is broken due to negative data, the next key support zone is around 2800, which coincides with: • 0.38 Fibonacci retracement of Wave 3 • Previous historical high zone • Lower boundary of the primary parallel channel • Median line of the Wave 1-2 channel 🔹 Potential Wave 4 Structure: • Most likely scenario: A triangle formation, making 2860 the key Wave 4 extreme. • Alternative scenario: A zigzag correction, extending down to 2800. 🔹 Momentum Indicators to Watch: • AO Indicator should reset to zero, eliminating overbought conditions. • RSI should drop to at least 50-40 to confirm a sufficient correction. 🔹 Timing Expectations: • Wave 4 is expected to complete by mid-to-late March. • At the latest, the correction could extend into April before the uptrend resumes. 📊 First target for Wave 4: 2860. Monitoring price action at this level to refine further projections. Shortby AUREA_RATIOUpdated 112
Gold Buy Setup – Ascending Triangle Breakout### **📈 Gold Buy Setup – Ascending Triangle Breakout Confirmed 🚀** Gold is currently forming an **ascending triangle pattern**, a bullish chart formation that signals a potential **breakout to the upside**. The **EMA50** is also supporting this move, further confirming the uptrend. --- ### **📌 Trade Setup:** 🔹 **Entry Price:** **2888** (Buy Position) 🔹 **Stop Loss:** **2880** (80 pips below entry to minimize risk) ### **🎯 Take Profit Targets:** ✅ **TP1:** **2893** ✅ **TP2:** **2898** ✅ **TP3:** **2903** --- ### **📊 Market Outlook & Trade Management:** - **Ascending Triangle** suggests **buyers are gaining strength**, increasing the chances of a breakout. - **EMA50 confirms bullish momentum**, providing additional confidence in the trade. - **Risk Management is crucial**: - **Secure partial profits** at each TP. - **Adjust stop-loss** once TP1 or TP2 is hit to protect gains. - **Monitor price action** for continued upside momentum. --- 🔥 **If price stays above 2888 and breaks resistance, we could see strong bullish movement! Trade wisely & manage risk! 🚀📈**Longby elitetrader9090Updated 2
XAU/USD "The Gold vs U.S Dollar" Metals Market Robbery Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱👤🚀 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold vs U.S Dollar" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (2830.00) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or Swing high or low level should be in retest. 📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at (2830.00) swing Trade Basis Using the 2H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: Primary Target - 2780.00 (or) Escape Before the Target Secondary Target - 2710.00 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT Report, Global Market Analysis, Sentimental Outlook, Intermarket Analysis, Quantitative Analysis, Positioning: XAU/USD "The Gold vs U.S Dollar" Metals Market is currently experiencing a Neutral trend., driven by several key factors. ⭐☀🌟Fundamental Analysis Gold prices are influenced by various fundamental factors, including: - Inflation: Rising inflation can lead to increased demand for gold as a hedge against inflation. - Interest Rates: Lower interest rates can make gold more attractive to investors, while higher interest rates can reduce demand. - Central Bank Policies: Central banks' decisions on gold reserves and monetary policies can impact gold prices. - Global Economic Conditions: Economic downturns or crises can increase demand for gold as a safe-haven asset. ⭐☀🌟Macro Economics Macroeconomic factors that can impact gold prices include: - GDP Growth: Slowing GDP growth can lead to increased demand for gold. - Unemployment Rates: Rising unemployment can increase demand for gold. - Inflation Rates: Rising inflation can lead to increased demand for gold. ⭐☀🌟Global Market Analysis Global market trends can also impact gold prices: - Stock Market Performance: Weakness in the stock market can lead to increased demand for gold. - Currency Fluctuations: A weaker US dollar can make gold more attractive to investors. ⭐☀🌟COT Data Commitment of Traders (COT) data can provide insights into market sentiment: - Non-Commercial Traders: An increase in long positions by non-commercial traders can indicate bullish sentiment. - Commercial Traders: An increase in short positions by commercial traders can indicate bearish sentiment. ⭐☀🌟Intermarket Analysis Intermarket analysis involves analyzing the relationships between different markets: - Correlation with Other Assets: Gold's correlation with other assets, such as stocks and bonds, can impact its price. - Commodity Prices: Changes in commodity prices, such as oil and copper, can impact gold prices. ⭐☀🌟Quantitative Analysis Quantitative analysis involves using mathematical models to analyze gold prices: - Technical Indicators: Technical indicators, such as moving averages and relative strength index (RSI), can provide insights into gold's trend. - Statistical Models: Statistical models, such as regression analysis, can help identify relationships between gold prices and other variables. ⭐☀🌟Market Sentimental Analysis Market sentimental analysis involves analyzing investor attitudes and sentiment: - Bullish Sentiment: Increased bullish sentiment can lead to higher gold prices. - Bearish Sentiment: Increased bearish sentiment can lead to lower gold prices. ⭐☀🌟Positioning Positioning involves analyzing the current market position: - Long Positions: An increase in long positions can indicate bullish sentiment. - Short Positions: An increase in short positions can indicate bearish sentiment. ⭐☀🌟Next Trend Move Based on the analysis, the next trend move for XAU/USD is uncertain. However, if inflation concerns rise, or if there's a significant increase in bullish sentiment, gold prices could move higher. Short-Term: Bullish: $2,900-$3,000, Bearish: $2,700-$2,600 Medium-Term: Bullish: $3,200-$3,500, Bearish: $2,400-$2,200 Long-Term: Bullish: $3,800-$4,000, Bearish: $2,000-$1,800 ⭐☀🌟Overall Summary Outlook The overall summary outlook for XAU/USD is neutral. Gold prices are influenced by a complex array of factors, and the current market position is uncertain. Investors should monitor inflation concerns, interest rates, and global economic conditions to make informed decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩by Thief_TraderUpdated 4
XAUUSD Refocus Trendback📌Gold price extends the rebound early Monday and re-focuses on the $2,900 level. 📌US Dollar falls as EUR/USD rallies hard on potential Ukraine truce; market mood improves. 📌Gold price recovers but remains below 21-day SMA at $2,895 amid the bullish daily RSI. 🔥Buy Gold $2832 -> $2834 SL $2825 TP 1->$2840 >2->$2850 >3->$2860 🔥Sell Gold $2882 -> $2886 SL $2890 TP 1->$2875 >2->$2860 >3->$2855by JasmineScalper2
XAUUSD WEEKLY ANALYSIS Hey everyone here’s my weekly analysis for Gold this week last week No entry so No execution but this week I’m still bullish on Gold, if you check my chart that’s a Daily timeframe so I will be waiting if price can hold that support zone which is the 2800 area and go to 4hr to wait for price a create lower high and some confirmation on the 2880 zone to take buys which is my entry point and I will execute for buys to a new ATH…..I will update you guys and let’s have a win week…Longby THATGUYMAZINO4
Gold Oversold - Bullish BiasAlthough macro-economic indicators are not confirming a sudden increment in gold value... But it's at a major support line that it shall increase the gold price for short-term accumulations today. --- About me: Gerald Mann is an specialist in financial operations, and served as policy adviser to Barack Obama.Longby GeraldMannUpdated 3
GOLD - single supporting area, holds or not??#GOLD.. market just placed his day low around 2868 68 Guys keep close that is only single area for next move to anyside. Until market didnot closed below 2869 there is no sell further. Only short below that otherwise not now.. Stay sharp Good luck Happy tradingby AdilHussain731333Updated 3
Gold look like bullish rectacgle parterm target at $2960 - $3000XAU/USD (Gold) Trade Recommendation – 1H Chart Analysis Current Market Overview: Gold is trading around $2,918 and is consolidating after a strong bullish move. Resistance is seen at $2,920 - $2,930, while support lies at $2,900 - $2,880. Moving averages suggest bullish momentum, but MACD shows indecision. 📉 Sell Setup (Preferred Based on Your Strategy) 🔹 Sell Entry: $2,920 - $2,930 (if price rejects resistance) 🔹 Take Profit (TP): $2,900 - $2,880 🔹 Stop Loss (SL): Above $2,935 🔹 Confirmation: Wait for bearish rejection (e.g., wick rejections or strong bearish candle) before entering. 📈 Alternative Buy Setup (If Market Breaks Out) 🔹 Buy Entry: Above $2,930 (if price breaks and retests as support) 🔹 Take Profit (TP): $2,950 - $2,960 🔹 Stop Loss (SL): Below $2,920 ⚠️ My Recommendation: Primary Trade: Look for a sell entry around $2,920 - $2,930, aligning with your strategy. Secondary Trade: Consider a buy if price breaks and holds above $2,930.Longby phaneth2014112
Channel Top?The Fed’s approach to interest rate cuts will be pivotal for gold prices. BMI forecasts acumulative reduction of 125 basis points (bps), bringing rates to 3.50% by the end of 2025. However, the Fed's decisions will hinge on inflation, labor market, and economic data, introducing uncertainty. If rate cuts are slower or smaller than expected, gold could face downward pressure due to its lack of yield. Conversely, aggressive cuts could drive investors toward gold as a safe-haven asset. Strength of the U.S. Dollar A robust U.S. dollar could spell trouble for gold prices. The dollar’s recent rally, fueled by higher growth expectations, fiscal deficits, and inflationary pressures from trade policies, has reduced gold’s appeal. While BMI expects the dollar to remain strong initially, it could soften as global risk assets perform well. Geopolitical and Economic Risks Geopolitical tensions, including the Russia-Ukraine war, Middle Eastern conflicts, and rising trade disputes under Trump’s presidency, will provide some support for gold as a safe haven. However, these risks may not be sufficient to counteract other bearish factors. On the economic front, BMI forecasts global growth to remain stable at 2.6% in 2024 and 2025, with risks on both sides. Upside factors include potential tax cuts and increased oil production in the U.S., while downside risks stem from escalating tariffs, supply-side inflation, and regional conflicts. Inflation Dynamics Inflation, a traditional driver of gold demand, is expected to ease in 2025. While trade-related risks could spur localized inflationary pressures, the overall outlook suggests a slowdown in gold’s appeal as an inflation hedge. Technically, we might me at the top of the channel, were 3 wave ended at 261.8% extension. For that matter, we might see a 38.2 or 50% correction before the beginning of wave 5.by TRADINGACPVIP2
Ready to short gold againBrothers, as I strongly expressed my point of view in the last article, short gold near 2916 and 2923, TP: 2895-2885. Gold just fell below 2895 during the decline, hitting our target area as expected. In this short gold transaction alone, I made more than $20K in profit. If you execute the transaction according to the trading strategy published in my channel, I believe you must have made a satisfactory profit. At present, gold has rebounded again after touching 2894, and is currently trading near 2917. According to the current structure, gold has encountered resistance in the 2930-2940 area many times, and formed a triple top structural resistance in the short-term structure; and before the NFP market on Friday, I think it is difficult for gold to form a unilateral trend market, and it may still be dominated by maintaining a volatile market, so it is not easy for gold to break through the 2930-2940 resistance area in the short term. So in short-term trading, I think gold is below 2930, and we still have the opportunity to short gold again, but the short-term TP setting can move up to the area around 2910-2900.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article! Shortby Trader_MarvinUpdated 2
Subwave 4 not completed?Strong recovery in global economies along with geopolitical stability may reduce gold's demand. Lastly, increasing interest in alternative assets, (like cryptocurrencies or other commodities) could lead to a decline in gold's perceived value. When interest rates rise, gold demand may fall. This relationship becomes particularly important during periods of high inflation. If rates lag behind inflation, creating negative real interest rates, gold often benefits as investors seek to preserve purchasing power. Higher interest rates and a stronger dollar make gold less attractive since the yellow metal doesn't generate ongoing income like interest or dividends. Growing optimism in the stock markets has also triggered outflows from gold ETFs, increasing selling pressure on the gold market. Gold prices fell over 1% on Friday as the dollar held close to two-week highs after U.S. inflation data came in line with expectations, suggesting the Federal Reserve may adopt a cautious stance on additional rate cuts. Today, a strong pullback reach 2914 resistance area, by reaction to 200 Moving average support. We might be doing a Flag and pole pattern, and TP is about 4 hour order block. There we can complete subway 4. by TRADINGACPVIP2
XAUUSD Possible SellXAUUSD possible sell opportunity but the trade is counter trend with 0.5 % risk . Good LUckShortby Alpha_54321Updated 2
Gold Move to fresh multi-week lows below $2,840Gold stays under bearish pressure and trades at its lowest level in three weeks below $2,840. Gold (XAU/USD) reversed its direction after touching a new record high on Monday and snapped an eight-week winning streak. The near-term technical outlook highlights a buildup of bearish momentum as markets keep a close eye on headlines surrounding the United States (US) President Donald Trump administration’s trade policy ahead of Friday’s highly-anticipated US employment report. by Sanna_Kamilah3
XAUUSD: Sell in advance and wait for a huge drop.On the eve of the opening of the New York market. The gold price has been fluctuating in a narrow range around 2983-2892. Combined with the current bearish sentiment, it is observed that the gold price will soon see a large decline after the opening of the New York market. In terms of operation, it is still sold in the range of 2898-2892 tp2875 sl2905 With the successful completion of the previous short order. Whether this order can successfully achieve the goal, we will wait and see. If you don’t know how to trade, you can follow. If you want to pay attention to subsequent analysis and real-time trading opportunities. Remember to check the precise guidance in the analysis circle. MCX:GOLD1! FOREXCOM:XAUUSD FX:USOIL COINBASE:BTCUSD Shortby JAKE_T0Updated 3
2.28 Gold Trading Strategy Analysis On Thursday (February 27), gold accelerated its decline and once lost the 2870 mark, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields, while investors awaited key inflation reports to assess the Fed's policy path. The U.S. dollar index rose 0.6%, further away from the recent 11-week low, after U.S. President Trump's vague promise to impose tariffs on the European Union and further postponement of tariffs on Canada and Mexico caused market volatility. Trump said on Tuesday that "the 25% tariff on Canada and Mexico will take effect as planned on March 4", and on Wednesday he changed his words and said "it may be postponed to April 2", while threatening to impose a 25% tariff on the European Union. The dollar rose slightly as U.S. President Trump's recent remarks on his trade policy plans have increased market uncertainty. Despite the rebound in the dollar, the market is still betting that the Federal Reserve will cut interest rates twice this year (the first in July and the second in October) due to increasing concerns about economic slowdown. The U.S. consumer confidence index plummeted to 98.3 on Tuesday (expected 102.5), the biggest drop since August 2021. The rebound in the benchmark 10-year Treasury yield has reduced the appeal of non-yielding gold. A slight recovery in the dollar and Treasury yields has weighed on gold to some extent, but the overall uptrend in gold remains intact. Several Fed officials will speak later in the day to provide the market with more insights into possible rate cuts by the Fed this year. The market will next focus on the Fed's preferred inflation indicator, the personal consumption expenditures (PCE) index, which will be released on Friday. According to a Reuters poll, the market generally expects the monthly PCE index to be 0.3%, the same as in December 2024. The market is currently very sensitive to growth concerns, especially after last week's dismal U.S. Purchasing Managers' Index (PMI) data. If the PCE result is stronger than expected and suggests that the Fed will not cut interest rates in the near future, it may have a negative impact on gold. Gold is seen as a safe haven against political risks and inflation, but higher interest rates will reduce the appeal of this non-yielding asset. Meanwhile, Russian and American diplomats will hold talks in Istanbul aimed at resuming their respective diplomatic missions, which is seen as a step towards ending the war in Ukraine. Gold market trend analysis: Gold technical analysis: Gold finally fell. From the trading strategy of last weekend, our team has been reminding people to pay attention to this week's big waterfall. Traders who follow our trading strategy have made enough profits. The whole day has been emphasizing that the top structure of gold has been built. Today, gold fell like a waterfall, breaking through the 2870 support line, and the top pattern was officially established. Gold is getting weaker and weaker, and rebounds are opportunities for shorts. Gold's 1-hour moving average continues to diverge downward to form a dead cross. Gold has refreshed its low again. Gold's downward space has opened up again. Gold shorts have just begun, and rebounds are opportunities for shorts. On the whole, our professional and senior gold analyst team recommends rebound shorting as the main strategy for short-term gold operations today, and callback longing as the auxiliary strategy. The short-term focus on the upper side is the 2888-2890 resistance line, and the short-term focus on the lower side is the 2830-2834 support line.Shortby Caesar_Gorman1Updated 3
XAU/USD buy setup.This buy worth the try. the RR is to big to miss this !! Might not hold this until the TP but let's see how ou it play. Will update if I get SL. If we have a clear break of this EMA , I will sell targeting all the Order block bellow. #XAUUSDLongby GoldxGang9712
Gold Bullish trend soon Big fly upwardprice movement of Gold (XAU/USD) on a 1-hour timeframe. The price has been moving within a descending channel, with key support around 2,888. There is a potential for upward movement from this level, as indicated by the blue trendlines. Traders may look for a bounce and potential upward breakout, with targets around 2,908 and 2,916, as the market shows signs of a possible reversal.Longby Joan_Pro_Trader6
GOLD fluctuates strongly, affected by ADP and Trump's policiesOANDA:XAUUSD Spot trading fluctuated strongly due to the impact of US jobs data and news of Trump's tariffs. ADP's national jobs report, also known as the "small nonfarm" report, showed that private-sector job growth in the United States slowed in February, with just 77,000 jobs created, well below the expected 140,000 jobs. "Policy uncertainty and slowing consumer spending may have contributed to a slowdown in layoffs or hiring last month." ADP chief economist Nela Richardson said in a statement. "Our data, combined with other recent indicators, shows that employers are hesitant to hire as they assess the future economic environment." After the ADP data was released, the US Dollar index fell sharply, and spot gold prices recovered strongly from the lowest level in Wednesday's trading session of 2,894.27 USD/ounce. As of the time this article was completed, spot gold was trading at 2,923USD/oz, an increase equivalent to 0.15% on the day. WASHINGTON (Reuters) - U.S. President Donald Trump will waive tariffs on Mexico and Canada for one month for automakers, responding to calls from industry leaders, the White House said on Wednesday. "We will give a one-month exemption to any imported cars that come in through USMCA," White House press secretary Karoline Leavitt said. "The tariffs will still be in effect on April 2, but at the request of the USMCA companies, the president will give them a one-month exemption so they are not financially disadvantaged." According to Bloomberg, US President Trump is considering reducing tariffs on some agricultural products from Canada and Mexico. On Wednesday local time, US Secretary of Agriculture Brooke Rollins said "everything is on the table" and hoped the government would decide to provide relief to the agricultural sector. Specific waivers and exceptions for the agriculture industry, which could include potash and fertilizers, have not yet been determined, Rollins said at the White House. “We believe that the President (Trump) cares very much about these communities,” Rollins said at the White House. On the geopolitical front, aides to Ukrainian President Volodymyr Zelensky discussed steps toward peace with the U.S. national security adviser, and Ukraine and the United States agreed to meet soon. The cooling geopolitical situation in Ukraine can be seen as a pressure on gold prices in the short term. Analysis of technical prospects for OANDA:XAUUSD Concerns about Trump's tariffs have pushed safe-haven gold prices to an all-time high 11 times this year, peaking at $2,956 an ounce on February 24 and rising 11% this year. On the daily chart, gold is currently trading with a newly formed price channel, and the next notable target level at $2,942 is more of an all-time high. However, in terms of momentum, it is facing some obstacles due to the 61 level of the RSI Relative Strength Index. If RSI breaks above this level, this will be a positive signal for price momentum. Even if gold falls below the price channel, it still has a bullish outlook, the current declines should still only be seen as a short-term correction or a buying opportunity. Some notable locations of the day will be listed as follows. Support: 2,900 – 2,880USD Resistance: 2,942 – 2,956USD SELL XAUUSD PRICE 2943 - 2941⚡️ ↠↠ Stoploss 2947 →Take Profit 1 2935 ↨ →Take Profit 2 2929 BUY XAUUSD PRICE 2877 - 2879⚡️ ↠↠ Stoploss 2873 →Take Profit 1 2885 ↨ →Take Profit 2 2891Longby Xayah_trading4