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!
Goldintraday
3.5 Technical Analysis of Short-term Gold OperationsThe non-farm payrolls (NFP) and consumer price index (CPI) data to be released this week will be the focus of market attention. If the data is strong, especially the inflation data is higher than expected, the market may reduce the bet on the Fed to cut interest rates. The market currently expects the Fed to cut interest rates by 75 basis points this year, an increase from the 44 basis points expected last week.
Gold Technical Analysis - Daily Chart
From the daily chart, gold received support near $2,832 last Friday and rebounded to $2,900 driven by tariff concerns. However, from this time frame, market information is limited, so it is necessary to further zoom in on the analysis period to get more details.
3.5 Technical analysis of gold short-term operation Key point 25Looking back at the overall market, gold has rebounded for two consecutive days, but from the perspective of the morphological structure, it is not yet in a state of reversal. Beware of the risk of a fall after a surge.
From the perspective of the one-hour and four-hour structures, the overall trend is still in a downward trend. Although there has been a strong rebound in the past two days, the rebound is not a reversal.
Today, we need to focus on $2925, which is 680 yuan, as the dividing line between today's long and short turns. Below this area, given the rebound in the past two days, I think we can try to go south to see a fall. Refer to the 2895 or 2880 area below.
However, if the box continues to oscillate today and closes above $680 or $2925, it will bottom out and turn to long! At that time, we will adjust our thinking and look north to see new highs!
Note that the short-term market is approaching a turning point, and 2925 needs to be paid attention to.
3.5 Technical analysis of short-term gold operationsOn the first trading day of March, the US dollar index fell sharply. Data released by ISM showed that the US ISM manufacturing index in February was 50.3, lower than the expected 50.8, and the previous value in January was 50.9. 50 is the dividing line between prosperity and recession. Although the ISM manufacturing PMI continued to expand in January, the amplitude was small and tended to stagnate. Both new orders and employment shrank. At the same time, the material purchasing price index soared to the highest level since June 2022. After the data was released, the US dollar index fell further.
Gold rebounded sharply, challenging the 10-day moving average. The 5-day and 10-day moving averages still showed a dead cross. The daily RSI rebounded and reached the key pressure zone of 2900-10 in 4 hours. The short-term trend turned to bullish, but it was still not a strong bull market. You can wait for the opportunity to stabilize and go long near 2875.
3.4 Short-term operation of gold within the dayIn February, gold closed with a long upper shadow line, the MACD indicator golden cross high volume, and the dynamic indicator SRO hooked up into the overbought area, indicating that the monthly line is still bullish. At the current monthly level, we focus on the support of the MA5 moving average and the strong support of the MA10 moving average, which correspond to 2763 and 2647 respectively.
The weekly line fell last week, including the previous day's positive column to form a negative cover, so the gold price will continue to weaken this week. The 2936-42 above the weekly line is a short-term top suppression, and the low point of last week is 2832. If it falls this week, it will definitely break the low point of last week. The current support below is the MA10 moving average near 2802, and the middle track support is 2732.
The daily line is more interesting: after the bottoming out and rebounding last Friday, the big positive pulled up yesterday; if the price continues to rebound and repair, then today's low will not exceed yesterday's low of 2857-58, and the current moving average MA60 supports near 2861. The upper pressure is at the middle track 2902-2910. The daily indicator macd is dead cross at high level and runs with large volume, and the smart indicator sto is repaired upward, which represents the daily level of shock.
The current macd is running at a low golden cross with large volume in 4 hours, and the smart indicator sto is entering the overbought area upward, which means that the current 4-hour shock is strong. At present, the upper pressure of the 4-hour is also at the intersection of the moving average MA60 and the upper track at 2913-14.
The current macd at high golden cross of the hourly line shrinks and sticks, and the smart indicator sto is repaired downward, which means that the hourly line is currently oscillating and tends to fall back. The current support is 2879, followed by 2870-58.
In summary:
During the day, we will mainly focus on yesterday's low point of 2857-58. If it is not broken, we can go long near 2867-68. In the short term, we can go long in the 2883-80 range in the Asian session, and the target is 2900-2910. The first short position is also in the 2909-20 range.
Strategy:
Go long in the 2880-83 range in the Asian session, defend 2875, and target 2890-2900-2910
Go long near 2866-68 during the day, defend 2858, and the target remains unchanged
Go short near 2909-12 during the day, defend 2918, and target 2900-2892
3.4 Gold’s Dayang Extended ReboundYesterday, the gold market opened high at 2860.6 in the morning, then the market rose to 2876.9 and then fell back. After filling the gap to 2858.3, the market was supported and rose strongly. The daily line reached 2895.3 and then the market was consolidated. The daily line finally closed at 2893.3 and the market closed with a big positive line with a slight shadow. After this pattern ended, the daily line broke the short-term pressure and there is still a rebound demand today.
Short-term operation:
Buy: 75 Stop loss: 65 Target: 95 05 15
Updated XAU/USD (Gold) Multi-Timeframe Analysis – March 4, 2025Analyzing M15, M30, H1, H4, and D1 charts for a precise trade execution strategy.
1. Market Structure Overview (Multi-Timeframe)
M15 (15-Minute Chart)
CHoCH (Change of Character) indicates bullish momentum.
Currently testing equilibrium (~$2,888 - $2,890).
Weak high at PDH (Previous Day’s High) around $2,893, which may act as resistance.
M30 (30-Minute Chart)
Break of structure (BOS) confirms bullish short-term trend.
Price is hovering near PDH ($2,893).
If it fails to break above $2,895, a short-term rejection is possible.
H1 (1-Hour Chart)
Bullish CHoCH confirms the short-term uptrend.
PDH ($2,893) remains a crucial level.
If broken, a rally toward $2,910 - $2,920 is likely.
H4 (4-Hour Chart)
Testing supply zone at PDH ($2,893).
Potential retracement to $2,865 - $2,870 before continuation higher**.
D1 (Daily Chart)
Price bounced from a key demand zone around $2,850.
Still bearish on the higher timeframe unless price reclaims $2,920 - $2,950.
If $2,900 - $2,920 rejects, more downside is expected.
2. Expected Scenarios & Probability
Scenario 1: Short-Term Bearish Rejection (60% Probability)
If price fails to break $2,895 - $2,900, expect a rejection down to $2,870 - $2,865.
Confirmation: Bearish rejection candle at PDH ($2,893).
Scenario 2: Bullish Breakout (40% Probability)
If price closes above $2,895, expect a move toward $2,910 - $2,920.
Confirmation: Strong breakout and candle close above $2,895.
3. Trading Plan
Sell Setup: (Primary Trade - 60% Probability)
Entry: $2,893 - $2,895.
SL: $2,905 (Above resistance).
TP1: $2,880 (First liquidity level).
TP2: $2,870 (Discount zone).
TP3: $2,865 (Major demand zone).
Risk-Reward Ratio: 1:3.
Buy Setup: (Countertrend - 40% Probability)
Entry: $2,895 - $2,900.
SL: $2,885 (Below weak low).
TP1: $2,910 (Short-term liquidity).
TP2: $2,920 (Key supply zone).
Risk-Reward Ratio: 1:3.
4. Final Trade Execution Summary:
Trade Type Entry Stop-Loss Take-Profit 1 Take-Profit 2 Take-Profit 3 R:R
Sell Setup $2,893 - $2,895 $2,905 $2,880 $2,870 $2,865 1:3
Buy Setup $2,895 - $2,900 $2,885 $2,910 $2,920 - 1:3
📌 Additional Execution Tips:
Watch for a rejection at $2,893 - $2,895 before shorting.
If price closes above $2,895, shift to buy mode.
Use M5/M15 for precise entries and candle confirmations.
Avoid entering during high-impact news releases.
Risk per trade: 1-2% of capital for optimal risk management.
3.4 Short-term technical analysis of goldLatest technical analysis of gold
Despite the rebound in gold prices in the Asian session on Monday, the technical side of gold prices deserves caution before making new bullish bets.
From a technical perspective, gold prices fell below the 23.6% Fibonacci retracement level of the rebound from December to February last year last week, which is seen as a key trigger by sellers. In addition, oscillators on the daily chart have just begun to gain negative traction and support the prospect of gold prices continuing the corrective pullback from the historical peak.
Therefore, any subsequent gains may still be seen as selling opportunities and are limited near $2,885/oz. The $2,900/oz mark is closely followed, and if it is broken, gold prices may climb to $2,934/oz before moving towards the record high near $2,956/oz.
On the other hand, Friday's swing low (around the $2,833-2,832/oz area) now seems to protect the recent downside. If it falls below the above area, gold prices may fall to the 38.2% Fibonacci level (around $2,815-2,810/oz). If gold encounters some follow-up selling and falls below the $2,800/oz mark, it may indicate that gold prices have peaked and may pave the way for further declines.
3.3 Gold is under high pressure, beware of a pullbackThe gold four-hour line is also suppressed by the moving average, and the rebound is short-lived, and it is directly pressed on the floor. At the same time, the upper resistance of 2880 and 2890 is an obvious resistance. The K line is just a rebound and is definitely not a reversal. It is obviously still empty below the two resistances, and the K line is suppressed directly to the point of being unable to breathe, and is pressed on the floor. The K line goes down from 2955 to 2830. This big short is obviously still strong.
Short-term suggestion 2880 SELL
3.3 Short-term technical analysis of goldThe gold market completed its February structure last week. Looking back at the market in February, the market fell back after opening at 2880.9 at the beginning of the month. The monthly line reached a low of 2770.47 and then the market fluctuated and rose strongly. The monthly line reached a high of 2956.3 and then the market fell back due to profit-taking in the late trading. The monthly line finally closed at 2859 and closed in an inverted hammer pattern with an upper shadow longer than the lower shadow. After the end of this pattern, the market will have certain pressure to continue to adjust in early March. However, the large cyclical bullish pattern is complete and the trend is still bullish.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold weekly Time Frame 🖼️ looking a good time for. Short Trade 😁. Also Goldman Sachs talk and 2025 if gold tast 3000$. Not for now weekly candle 🕯️ close below 👇 ⬇️ 2800 Next target 2538.
Key Resistance level 2900 + 2956
Support level 2800 - 2782 - 2706 - 2538
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Gold weekly chart with buy and sell levelsGold finally delivering its first red candles last week , what will the next week give us ?.
Looking at the weekly the bulls appear to be exhausted so we saw a decline in the last 4 days of the week.
2955.5 will be a level to watch in the coming week .
For the coming week we can buy at 2864 which you can see conforms to the paralell channel drawn 2871,2884 will be first and second resistance if broken expect 2895 , 2920 as next heavy resistance.
on the downside (I think this is more likely ) we can sell at 2848 , expecting 2840 then 2832 as next resistance.
It is worth noteing that all the heavy resistance is on the buy side with minimual resistance on the sell side.
Please use proper risk management and positioning size.
take profits along the way.
This is my own view on the next weekly gold trend and is not to be considered finincial advice.
"Bullish Trend Continuation: Key Support Zones for Gold Buyers"Bullish Market Structure
The prevailing market structure remains bullish, indicating that selling gold at this stage may not be advisable. The price action continues to establish a sequence of higher highs (HH) and higher lows (HL), reinforcing the overall uptrend.
Key Buying Areas
A critical support zone, identified as the Buying Area, aligns with a recent HL, suggesting a potential entry point for buyers. Additionally, a broader Buying Zone exists at a lower level, coinciding with the 200-period moving average (blue line), which may serve as a stronger support should the price retrace further.
Opportunity for Buyers
Given the bullish market conditions, any pullback into these key demand zones presents a buying opportunity, with the expectation of a continuation towards the Target Area at the upper resistance level. The presence of a break of structure (BOS) in the past further validates the strength of the ongoing trend.
Trader Caution and Strategy
Traders should remain cautious of any shifts in momentum while maintaining a bias toward long positions as long as the market structure remains intact.
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24/2 Today's Market Analysis and SignalsGold technical analysis.
Daily resistance 3000,
Support below 2892
Four-hour resistance 3000,
Support below 2930
Gold operation suggestions: Gold 4-hour level enters high-level fluctuations, with 2920-2915 area as support below, maintaining high-level strong fluctuations, the daily level upward trend remains unchanged, gold prices will rebound every time they step back on the 10-day moving average, the key support area, bulls will strengthen after touching it. The short-term bullish trend remains unchanged.
From the current 4-hour analysis, the support below continues to focus on the vicinity of 2930, and the short-term pressure above focuses on the 2940-45 line. Focus on the 2930 line support at the four-hour level. If the four-hour closing price falls below 30, it will be bearish. The overall trend continues to rely on this range to maintain high selling and low buying, and patiently wait for key points to enter the market.
BUY:2930near SL:2925
BUY:2892near SL:2888
Use small size, control risk
Gold weekly swing trade with both buy and sell levelsGold last week making new all-time highs practically every day what can we expect this week?
Let's have a look using charts and indicators with weekly, and daily trend lines to find the best entries for us.
I am expecting a retracement down to 2923.668 (2924 for entry) for a move of 78 pips.
If this happens wait for rejection at
2924/23 before entering a buy to Fibonacci level 1.618 which is 2970 for a total profit of 544 pips on the buy and 78 pips on the sell.
Did you know that if looking at this chart on a computer with a browser you get the option to copy the chart? You can see what indicators and set your own alarms at these levels.
As always with these types of trades use proper risk management, take profit along the way and realise you are trading one of the most volatile pairs especially around news time so be carful
Check out my other trade ideas below
GOLD - ( Long Term ) 📉 Gold Price Analysis: Bearish Trend in Play! 📉
After analyzing the current market trends, I anticipate a drop in gold prices, potentially reaching 2785 or 2697, depending on the zone where the price will make its return. I'll keep you updated and notify when the bearish momentum begins. The downtrend is expected to last from today until May 25th, 2025.
Stay tuned for updates and don't miss any key changes!
Are we on an expanded flat correction?!As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 !
And after that continue bullish waves !
XAUUSD: 21/2 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 3000, support below 2892
Four-hour resistance 3000, support below 2920
Gold operation suggestions: Gold continued to rise strongly in the Asian and European sessions yesterday. The European session accelerated the breakthrough and stood above the 2950 mark to further create a historical high. However, the gold price was under pressure at the 2954 mark before the US session, and it fell back and fluctuated. The US session accelerated downward to break through the 2930 mark and continued to fall to around 2924, and then began to rebound.
From the current 4-hour analysis, today's lower support continues to focus on the vicinity of 2920, the daily level support is 2892, and the upper pressure is above the 2958-60 line. The overall support continues to rely on this range to sell high and buy low, and wait patiently for key points to enter the market.
BUY:2924near SL:2920
BUY:2892near SL:2888
90% of traders struggle in the GOLD market, are you the same?From the current 4-hour trend, the support point below is 2905-2908. The short-term pressure level above is around 2940-2943, and the overall support is in this range. The rhythm of high-altitude low-multiple cycles is maintained, but David believes that GOLD will break through the short-term pressure level. In the middle position, keep more watching and less action, and be cautious in chasing orders, and wait patiently for key points to enter the market.
BUY:2927
TP:2940-2950
SL:2894 OANDA:XAUUSD TFEX:GO1!
Shocking GOLD newsSome people burn all their assets in just one month, while others can accurately buy at the bottom and reap multiple profits. In the last issue, those who followed my advice to short at 2915 have already made a profit.
This time, I will give you an accurate analysis. The current gold price is around 2927. It is difficult to break through the pressure level of 2940. Combining technical indicators and trend lines, it is difficult for the gold price to rise in the short term.
If you are more worried about when the gold price will fall? David recommends that all traders short.
SELL:2927
SL:2950
TP:2900
TFEX:GO1! OANDA:XAUUSD