Gold rose more than 1% in a single dayGold technical analysis
The resistance level of the daily chart is 3150, and the support level below is 3060
The resistance level of the four-hour chart is 3150, and the support level below is 3078
The resistance level of the one-hour chart is 3130, and the support level below is 3098
Risk aversion and policy expectations jointly push up the price of gold. After stabilizing at $3100, the next target is $3130-3170; if the NY market data is negative or a technical correction occurs, it is necessary to pay attention to the effectiveness of the support near 3100.
Comprehensive consideration is mainly to buy at low levels, focusing on the breakthrough signal of $3130, the 4-hour rising channel is intact, and the rising channel that breaks through 3130 will move towards the 3150-3170 range
Gold
SPY/QQQ Plan Your Trade For 3-31 : Carryover PatternToday's pattern suggests the SPY/QQQ will attempt to carryover Friday's selling trend.
I do believe the SPY/QQQ will attempt to find some support as we move into a Temp Bottom pattern tomorrow. So be aware that the SPY/QQQ may attempt to find support near 535-540/450-455 over the next few days.
I would also urge traders to not get very aggressive in terms of trying to pick a bottom in this downtrend.
In my opinion, I don't see any reason why anyone should be buying into this breakdown unless you are prepared to take a few big lumps. Just wait it out - wait for a base/bottom to setup.
Gold and Silver are moving higher and I believe this trend will continue for many weeks/months.
BTCUSD should continue to move downward - trying to establish the Consolidation Phase range.
As we move into trading this week. Be aware that Tuesday/Wednesday of this week are more ROTATION type days. They may be wide-range days - but they are still going to be ROTATIONAL.
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
Gold/Silver Ratio AnalysisGold (XAU/USD) currently trading at $3,118 has significantly outpaced Silver (
SILVER) at $34.07 since mid-March. This divergence has pushed the Gold/Silver ratio to elevated levels, creating a potential mean-reversion opportunity.
Looking at the chart, both metals maintained strong correlation through January-February 2025 before Gold began its dramatic acceleration in March-April. While both assets remain in strong uptrends, Gold's nearly vertical move in April suggests potential overextension relative to its historical relationship with Silver.
Trading Strategy
Consider a pairs trade setup:
SHORT Gold / LONG Silver at current ratio
Target: Reversion to 50-day moving average of Gold/Silver ratio
Stop: 2% additional expansion of current ratio
Risk Management
Key to this trade is position sizing that equalizes dollar exposure between the two positions. Use reduced leverage as precious metals volatility remains elevated across the complex.
TVC:XAU NASDAQ:XAG #PairsTrading
GOLD SHORT SETUP: TARGETING $3,100 FROM OVERBOUGHT CONDITIONSGOLD SHORT SETUP: TARGETING $3,100 FROM OVERBOUGHT CONDITIONS
Looking at the current Gold chart, we're seeing potential exhaustion signs near all-time highs. While the trend remains strongly bullish (all moving averages pointing up), several indicators suggest we may be due for a pullback to the $3,100 level.
Key Observations
Overbought RSI (77.09): The RSI is showing overbought conditions without divergence yet, but at levels where previous corrections have occurred.
Extreme Stochastic (97.99): Nearly maxed out at 98, suggesting limited upside momentum remains.
Williams %R near zero (-2.44): Showing extreme buying pressure that historically doesn't sustain.
CCI above 140: At 146.61, well into overbought territory.
Moving Average Spacing: While all MAs signal "Buy," the distance between recent EMAs (10, 20) and price indicates stretched conditions.
Risk Management
This is a counter-trend trade against strong bullish momentum, so position sizing should be conservative. The R2 pivot at $3,045 and the 10-day SMA at $3,046 should act as initial support levels and could provide clues about whether the pullback thesis is playing out.
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed sharply lower, forming a long bearish candlestick, as recession fears intensified. The index fell toward the lower Bollinger Band on the daily chart, while the MACD moved closer to the signal line, indicating a correction.
On the weekly chart, the Nasdaq faced resistance slightly above the 5-week MA, forming an upper wick and closing lower. The MACD is falling steeply, and the signal line is also in a downtrend, suggesting the potential for an overshooting move downward before forming a bottom. From a daily perspective, key support zones to watch are around 19,000 (first level) and 18,500 (second level). The MACD has not yet crossed below the signal line, but if a bearish crossover (death cross) occurs, a strong third wave of selling pressure could emerge. Therefore, caution is advised for long positions. However, since the MACD has not yet confirmed a bearish crossover, there is also the possibility of a rebound off the signal line. It is crucial to wait for a confirmed trend reversal before taking long positions.
On the 240-minute chart, strong sell signals have emerged, leading to a steep decline. The current price action resembles the movement seen on February 21, but since the bottom is not yet clear, it is best to adopt a conservative approach. For short positions, the 3-day moving average can be used as a reference level. For long positions, the lower Bollinger Band may provide a short-term buying opportunity. As today marks the last trading day of the month, watch closely to see if the Nasdaq reaches the 20-month MA or ends the month with a lower wick.
Crude Oil
Oil closed lower, facing resistance at $70. It has fallen back below the 5-day MA, trapping the price within a range-bound structure. On the weekly chart, oil was rejected at the 10-week MA, and since the MACD has not yet formed a bullish crossover, there is a chance that oil could retest its previous double-bottom level. A consolidation phase between the 5-week and 10-week MAs appears likely.
On the daily chart, as the price corrected, the MACD began converging with the signal line. If oil retraces to around $68, a short-term buying opportunity may arise. For oil to resume its uptrend, it needs to pull back toward $68, rebound, and break above $70 with strong momentum. However, this move would likely require a global catalyst. On the 240-minute chart, both the MACD and signal line remain above the zero line, suggesting a higher probability of a rebound and a golden cross formation. Overall, the best approach is to focus on dip-buying opportunities during this phase.
Gold
Gold closed higher, breaking to a new all-time high on the daily chart. Last week, there was a possibility of a pullback toward the 5-week MA, but the MACD has turned upward, surpassing its previous high, reducing the likelihood of a bearish divergence and increasing the probability of further upside. However, since gold has not yet tested the 5-week MA, a short-term correction remains a possibility. On the daily chart, buying opportunities were available at the 3-day MA following a strong bullish candle. A pullback to the 5-day MA within the next few days remains possible, and if this happens, it could present another dip-buying opportunity. Based on wave analysis, gold could target around 3,216. To confirm this upside scenario, the daily chart must show stronger bullish momentum, eliminating the risk of MACD divergence.
On the 240-minute chart, gold has been experiencing strong upward momentum, making it a buy-on-dips market. However, for a more comfortable long position, the MACD needs to exceed its previous peak. Overall, a long-only strategy remains preferable. For short positions, it is difficult to pinpoint the exact peak, so strict stop-loss management is essential. This week, key economic events include the ISM Manufacturing & Services PMIs and Friday's U.S. jobs report, which could increase gold's volatility. Stay cautious.
Today marks the final trading session of March. Tariff-related news and gold’s record highs indicate rising market volatility. Stay adaptive to the market’s movements and trade safely as we close the monthly candle.
Wishing you a successful trading day!
If you like my analysis, please follow me and give it a boost!
For additional strategies for today, check out my profile. Thank you!
The more you rise, the harder you fall, or what?The month of March has been a strong month for the TVC:GOLD bugs. The commodity has been hitting new highs every week. Let's see where the next target could be.
MARKETSCOM:GOLD
Let us know what you think in the comments below.
Thank you.
74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
XAUUSD Time to start selling?Gold (XAUUSD) finally hit our 3 month $3000 target that we've been pursuing since the very first week of this year (January 06, see chart below) and in later stages upgraded to $3100:
Now the price has reached the top of the 1.5-year Channel Up, forming a similar 1D MACD peak formation while completing the +22.50% rise that the previous two major Bullish Legs had. As you can see, the pattern makes its Higher High on the 2nd MACD Bearish Cross and in 2 out of 3 Bearish Legs it retraced all the way to the 0.5 Fibonacci level, while on the remaining it the correction was contained to just above the 0.382 Fib.
On all cases the price came close to the 1D MA100 (green trend-line) before bottoming. As a result, even though some more Trump announcements may cause a momentary push upwards, we technically think that it is a solid level to turn bearish now with a fair 2900 Target on the 0.382 Fibonacci where by the end of April it should come close to the 1D MA100.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
GOLD PoV - SHORT 3.125$The price of gold has recently reached a historic high, surpassing the $3,100 per ounce mark, driven by uncertainty stemming from U.S. tariff policies under President Donald Trump and concerns about potential geopolitical conflicts.
This increase underscores gold’s role as a safe haven asset, with investors seeking stability amid growing economic and political instability.
Trade tensions, particularly the tariff policies proposed by the Trump administration, have contributed to economic uncertainty, prompting investors to seek security in gold.
Additionally, concerns about potential conflicts, such as recent escalations in the Middle East, have further strengthened demand for gold as protection against geopolitical risks.
Central banks have played a significant role in this scenario, increasing their gold reserves. In the third quarter of 2023, reserves increased by 337 tons, bringing the total for the first nine months of the year to 800 tons, about a third of the global mine production for the same period.
This accumulation by central banks has helped sustain the price of gold, highlighting its status as a safe asset.
Regarding investment strategies, some analysts suggest that gold's price may undergo a correction after its recent rally. For example, technical analysis indicates a potential short entry at $3,125 per ounce, with a profit target of $2,925, anticipating a retracement of about $200.
However, it is important to consider that gold price forecasts can be influenced by various unpredictable factors, such as economic policies, geopolitical developments, and market dynamics.
In summary, gold has benefited from a significant increase in value due to the uncertainty arising from trade policies and concerns about geopolitical conflicts. Its nature as a safe-haven asset has attracted investments from both institutional investors and central banks. However, trading strategies, such as short positions, should be evaluated cautiously, considering the volatility and uncertainty that characterize the gold market.
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!
Gold- Target and new ATH reached. Now what?In my analysis yesterday, I mentioned that Gold would likely reach a new all-time high (ATH), but for that to happen, it was crucial for bulls to hold strong at the 3025-3030 support zone.
Indeed, Gold made a new ATH, reaching my target zone of 3080 overnight. I closed my buy trade with a profit of 550 pips.
Now, the key question is: What’s next?
In my opinion, there’s a strong possibility that Gold will continue its upward movement and test the 3100 level. However, at the current price of 3075, entering a buy trade is not justified from a risk perspective.
For now, I’m staying out of the market. If a retracement occurs, I’ll be watching the 3050 zone closely—most importantly, I’ll assess how the market reacts at that level before making any decisions.
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 H4 Trading Plan (Intraday Outlook)Bias: 📈 Bullish (Strong Continuation)
Current Price: ~$3,093
Context: Price is accelerating after breaking key resistance, maintaining bullish structure.
🧠 1. Market Structure (H4)
Structure remains bullish, with well-defined HH & HL.
Recent consolidation block (OB + FVG): price broke out cleanly and is now expanding.
Short-term trend leg is steep → potential for shallow intraday pullbacks.
📌 2. Key Levels from Your Chart
🔝 Upside Target
3,120.14 – Major H4 resistance / next liquidity zone
🟦 Intraday Support Zones
3,049.57 – recent H4 resistance, now flipped support (ideal for pullback entries)
3,000.65 – clean structure zone, possible FVG fill
2,977.64 – origin of last impulse
2,960.27 / 2,899.69 – deeper HTF demand / OB zones
🔍 3. Order Blocks & Liquidity
🔲 OB zone breakout (highlighted gray area) → now acting as demand
💧Buy-side liquidity rests above 3,120
Any retracement into 3,049 / 3,000 could be used by Smart Money for re-entry longs
📅 4. Trade Scenarios (H4)
✅ Scenario A: Bullish Continuation
Price holds above 3,049 → intraday continuation toward:
🎯 3,120
🎯 Potential extension: 3,150+
📌 Ideal setup: bullish engulfing or BOS + FVG entry on pullback to 3,049 zone
🔁 Scenario B: Pullback Before Continuation
Rejection near 3,100–3,120 leads to pullback toward:
🔁 3,049
🔁 3,000 (FVG / previous OB)
Monitor price action at those levels for continuation entries.
🟥 Scenario C: Bearish Shift (Low Probability for Now)
Break below 2,960 with strong bearish momentum → opens door toward:
🔻 2,899
This would invalidate current bullish short-term structure.
🧭 Summary
Trend is strong, momentum is clean → only looking for buy setups on dips.
Watch for continuation above 3,049 and especially reactive price action near 3,120.
If pullback occurs, 3,000 zone is prime location for re-entry longs.
XAUUSD Daily Trading Plan (1D Outlook)🔍 1. Structure & Price Action
Price broke out aggressively from previous consolidation (~2960–3000).
Current impulse leg is strong, with very shallow pullbacks – trending conditions.
Daily candles show sustained buying pressure, minimal upper wicks → buyers in control.
📏 2. Key Levels (from your chart)
📌 Upside Targets:
🔸 3,120.14 – potential resistance / short-term TP
🔸 3,180.72 – extended upside target if momentum holds
🟩 Support Zones:
✅ 3,049.38 – minor intraday support
✅ 3,000.66 – recent breakout retest zone
✅ 2,960.77 – clean demand zone / OB zone
✅ 2,899.69 – last major demand / strong structure support
🧠 3. SMC & Liquidity Insights
Buy-side liquidity has been cleared → clean runway toward psychological zones (3100–3200).
FVG may exist between recent candles → shallow retracement into 3049 / 3000 possible.
No active bearish OBs above → price remains in price discovery mode.
📅 4. Daily Trade Scenarios
✅ Scenario A: Bullish Continuation
Hold above 3,049–3,060 → continuation toward:
🎯 3,120
🎯 3,180+
Look for strong H4 bullish candles on retest of minor support.
⚠️ Scenario B: Pullback to Demand
Reject from 3,100+ and drop toward:
🔁 3,000 (retest previous high)
🔁 2,960 (key OB / FVG zone)
Watch for bullish reversal signals (engulfing, break of structure) for re-entry long.
🟥 Scenario C: Deeper Reversal (Less Probable)
Break below 2,899 could shift bias to neutral/short-term bearish.
🧭 Summary
XAUUSD is in a strong trending phase with no major resistance above.
Pullbacks into 3,049 / 3,000 / 2,960 are ideal areas to look for continuation longs.
Focus remains on buy-the-dip setups as long as price holds above 2,899.