Gold hit 3300 , why not ? The Conference Board (a non-profit research organization in the United States, specializing in providing reports and analysis on economic issues, jobs, labor markets and long-term trends) announced on Tuesday that the US consumer confidence index fell to 92.9, down from a revised 100 in February.
This data was weaker than expected, as economists had predicted a smaller decline, only falling to 94.2.
Société Générale (SocGen - a large multinational bank based in France) has just announced its multi-asset portfolio strategy for the second quarter. The bank still holds 7% of its portfolio in gold and forecasts that the price of gold could reach $4,000/ounce.
At 7%, gold remains the largest commodity position in SocGen’s portfolio. “Gold remains a strong asset amid the geopolitical reshaping of the US, which has triggered strong policy responses,” the analysts said.
Although gold prices are currently hovering above $3,000 an ounce, SocGen expects gold prices to continue to rise. The French bank forecasts gold prices to average around $3,300 an ounce in the fourth quarter.
Geopolitical uncertainty continues to support gold as an important global currency, the analysts said. They also pointed to conditions that could push prices to $4,000 an ounce.
Goldlong
Gold------Buy near 3013, target 3030-3040Gold market analysis:
Gold has been fluctuating this week, and daily buying and selling have begun to compete. I estimate that this week will fluctuate first, and the direction will begin in the second half of the week. Today has entered the end of the fluctuation. We will follow up with new ideas if it breaks through. The current large fluctuation range is 3000-3037. Yesterday, the daily line closed with a small positive, but the upper shadow line was relatively high. The daily line now has no obvious direction. The 5-day line and the 10-day line of the daily line have begun to merge. Today's Asian session will maintain a small range of fluctuations to treat both long and short opportunities. If it breaks through 3000-3037 at night, either side should actively follow. The current small fluctuations have not changed the buying trend of the large cycle, but the top is still very obvious.
In the Asian session, gold should first focus on the space between 3013 and 3035. If the Asian session falls back to 2013 first, look for buying opportunities. The low point of the Asian session is 3016. The support of the Asian session is around 3016-3013. The suppression position is the high point of yesterday. The volatile market must be controlled well, otherwise it is easy to get on the train midway and it is difficult to catch profits.
Support 3016-3013. Strong support 3000, suppression 3035-3037, the watershed of strength and weakness of the market is 3020.
Operation suggestion:
Gold------Buy near 3013, target 3030-3040
GOLD in a Bullish Flag – Breakout Incoming?OANDA:XAUUSD is undergoing a corrective move as it tests the lower boundary of the ascending channel, which serves as dynamic trendline support. The structure aligns with a bullish flag formation, indicating the potential for a continuation to the upside if buyers step in.
A successful rebound from this level could lead to a move toward the midline of the channel, with the next target at 3,100, aligning with the upper boundary of the channel. This scenario would preserve the broader bullish trend.
A confirmed breakdown below the trendline support, however, would invalidate the bullish outlook and open the door for further downside.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, drop them in the comments!
Go long and win, then go short on the reboundToday, the layout of gold is to go long in batches near 3005-3008, and 3020 is a successful profit. Now the rebound continues to go short.
In terms of the daily line structure, yesterday's rebound of gold first touched the pressure of the 5-day line, and then the market retreated to the vicinity of the 10-day line. The overall trend is in line with expectations, fluctuating within the daily average range, and the rhythm of rising first and then falling also increases the expectation of the continuation of the short-term market adjustment. The pressure of the 10-day line can continue to be paid attention to on the upper side of gold during the day, but the 10-day line has now moved down to the vicinity of 3027, and today's market opened near the 5-day line 3012. Combined with the trend of the hourly chart, gold fell again to the vicinity of 3000 overnight, indicating that the short-term trend still follows the technical trend, but the main sentiment of the market is still controlled by the bulls. If the fundamentals unexpectedly break out with good news, the bulls' sentiment may go crazy at any time. In the day, we can pay attention to the pressure near the short-term trend line 3025 on the upper side of gold, and continue to pay attention to the competition around 3005-00 on the lower side. If 3000 is lost, we will look for a larger space to retrace. If the market has been fluctuating above 3000 today, the risk of short-term market variables will increase.
For specific operations, it is recommended to be short at 3020-3025, and look at 3015-3005.
If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
GoldCurrent Price: Gold is trading around $3,015.66 per ounce, reflecting a modest increase of 0.1%.
🔍 Technical Analysis
Support and Resistance Levels:
Support: The key psychological level at $3,000 has acted as a strong support, with prices stabilizing above this mark after a recent pullback.
Resistance: Immediate resistance is observed around $3,040, aligning with recent intraday highs.
Moving Averages:
The 50-period Simple Moving Average (SMA) has provided support, indicating a continuation of the bullish trend.
Stochastic Oscillator:
The Stochastic indicator shows positive signals after forming a divergence, suggesting potential upward momentum.
The opening situation is clear, practical guideGold news:
The rise of the US dollar index benefited from Trump's tariff policy. Just yesterday, Trump suddenly announced: a 25% tariff on the purchase of oil and natural gas from Venezuela, and claimed that individual tariffs would be reduced. The market's tense nerves were released, and the US dollar index rose sharply. As the end of the month approaches, the market needs to rebalance its investment portfolio, increase the allocation of US dollars to hedge against unknown risks, and push the US dollar to continue to rise. Yesterday, the market news was light. Today, the market will welcome the speech of Federal Reserve Board Governor Kugler on "Economic Outlook and Entrepreneurship". Immediately afterwards, New York Fed Williams will speak at a public event. In addition, there is the March Conference Board Consumer Confidence Index at 10 pm. The above events and data are concentrated in the evening tonight, which will have a certain impact on the market and need to be paid attention to. The price of gold has begun to retreat from its historical high, and the power of safe-haven buying has eased. This retreat momentum is expected to intensify further, especially in terms of technology.
Gold technical analysis:
Currently, the price of gold is running in a similar triangle range, and the correction cycle is prolonged. On the one hand, the bulls rebounded after the pressure, and it was difficult to return to the strong position directly; on the other hand, the retracement was supported by the key top and bottom conversion support belt of 3005-3000. This trading day focuses on the gains and losses below the low of 3000 at the end of last Friday, and the breakthrough below the 3030 pressure line above. If it fails to break through, it is likely to fluctuate around this range during the day.
Gold operation suggestions: short near the rebound of 3020-3025, long near the retracement of 3000-3005.
The two orders of gold on Monday were perfectly grasped, and now everyone has made a profit. The two orders on Monday ended perfectly. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
3000 is not broken, the rebound points to a new trendIn the current gold market, the downward trend is more obvious. However, it is noteworthy that gold has tested the key point of 3000 many times, and each time it breaks through, it is unstable. This fully shows that the defense above the 2995-2990 support area is extremely strong and difficult to be effectively broken in the short term.
Combined with the downward momentum observed in the 3000 point range, although it is in a downward trend, the possibility of a sharp decline is extremely small. Judging from the comprehensive judgment of technical analysis and market sentiment, gold will not only not continue to fall, but will most likely rebound. It is initially estimated that the rebound target will reach the area around 3015, and it is very likely to extend further to the area around 3025-3035. Let us look forward to the performance of gold together!
The content I shared recently about the gold market has received a lot of feedback, and everyone said it was very helpful!If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
Bears maintain selling pressure, pressure below $3000⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal.
⭐️Personal comments NOVA:
Selling pressure from bears continues to cause gold prices to fall and sideways around 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3038 - $3040 SL $3045
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2994 SL $2987
TP1: $3000
TP2: $3008
TP3: $3018
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold prices are bound to fall!Market news:
In the early Asian session on Tuesday (March 25), spot gold fluctuated narrowly and is currently trading around $3,012 per ounce. London gold prices fell 0.4% on Monday, falling to $3,002 per ounce during the session. The US dollar hit its highest level in more than two weeks, prompting more gold bulls to take profits, and investors to assess US President Trump's more cautious stance on imposing tariffs on trading partners. Since 2025, gold prices have risen by about 15% in total, breaking the $3,000 per ounce mark for the first time. According to officials familiar with the matter, the Trump administration's tariff plan may be more targeted rather than the comprehensive, global taxation previously envisioned. This adjustment is expected to ease inflationary pressures and increase room for future interest rate cuts, which is beneficial to international gold, an interest-free asset. The total number of new home sales in the United States in February and the US Conference Board Consumer Confidence Index in March will be released on this trading day, and investors need to pay attention to them. In addition, it is necessary to pay attention to the speeches of Federal Reserve officials.
Technical Review:
Yesterday, gold surged and fell back, closing with a middle-yin line with upper and lower shadows. After the overall rebound, it continued to fall. The daily line retreated with a continuous negative structure, and the RSI indicator turned downward. The price retreated and the MA10 daily moving average was lost again and continued to fall. The price of the four-hour chart and the hourly chart runs along the middle and lower tracks of the Bollinger Bands. On the 4-hour level trend, the K-line currently basically maintains a good oscillating downward trend along the short-term moving average. The current rebound has basically completed the technical form repair. Pay attention to the possible secondary decline trend after the rebound repair is completed. In the short-term trend, it is currently slightly stronger, and pay attention to the short-term adjustment.
Today's analysis:
The current gold daily chart shows that the gold price has reached the top and retreated, and the Bollinger Bands are running open, but the gold price is still running at a high level. The KDJ indicator on the disk is glued to the upper overbought area to form a dead cross. On Monday, the gold price did not clearly indicate the direction of rise and fall, and it was more in a consolidation pattern. It is recommended to pay attention to the pressure and support of the MA5 and MA10 moving averages in the range of 3035-3000 US dollars, and try to follow the trend to see more or less.The 4-hour chart of gold shows that the resistance point of the SAR indicator has moved down to the vicinity of 3035 US dollars, and the overlap with the daily MA5 moving average has formed a double suppression in the short term. If the bulls want to restart, they still need to break through this position strongly. The lower track of the hourly Bollinger band is 3000 and the lower track of the 1-hour Bollinger band is 2992. The downward deviation looks at the 3000 integer mark. If the entity falls below the 3000 mark, refer to the low point of last week at 2981 and the weekly MA5 moving average support point of 2960. The trading ideas and direction remain unchanged. Maintain the high-altitude band layout as the main, and assist with low-multiple short-term!
Operation ideas:
Short-term gold 2990-2993 buy, stop loss 2982, target 3020-3030;
Short-term gold 3027-3030 sell, stop loss 3038, target 3000-2990;
Key points:
First support level: 3002, second support level: 2993, third support level: 2980
First resistance level: 3018, second resistance level: 3030, third resistance level: 3046
Perfect hit, interval thinking remains unchangedThe idea remains unchanged according to the previous article!
In the wave of financial markets, accurate prediction is the badge of strength. Previously, we firmly arranged short selling, and it turned out that this decision was extremely correct! The trend of gold perfectly matched our expectations, falling all the way back to the area around 3010-3000.
Next, new opportunities have emerged. We will adopt the high-altitude and low-multiple operation mode within the range. At present, we have decisively gone long in the area around 3010-3000. Every ups and downs of the market are opportunities for us to make profits. Let us be full of confidence and look forward to the subsequent wonderful performance of gold together, and work together to reap more fruits of victory!
If you don’t know when to enter the market, you can follow my 🌐signal. I will release specific signals in real time. Remember to pay attention to the 🌐signal in time.
GOLD 1H | Demand Zone Reaction & Breakout Plan – CelestiaPipsGOLD on the 1H timeframe is reacting from a previously tested demand zone around 3000 .
Watching for a clean break & retest above 3044 for bullish continuation toward 3065.
Trendline break could act as early confirmation.
Structure-based idea shared by CelestiaPips.
The trend of gold has been weakFrom the current market analysis, the 4-hour chart shows that the gold price is weak, while the 1-hour chart tends to fluctuate and correct. Therefore, short-term operations can rely on $3030 and $3020 to bearish gold.
Note:
1. Determine the trading cycle, set the direction in the big cycle, and enter the market in the small cycle.
2. Follow the trend: 3 waves up and down without breaking the high and low points is a shock, and 3 waves of high and low points rising or falling is a trend. Don't do shocking market, don't stop if you don't understand it, and control your hands.
3. Wait for the position, pay attention to the profit and loss ratio when entering the market. Set a stop loss.
4. Don't trade emotionally, respect market uncertainty, and accept stop loss.
5. Finally, repeat the execution unconditionally.
I wish you a smooth transaction
Another Strong Start to the Week!Gold opened the week on a positive note without a significant pullback, rebounding quickly after touching a low of 3013. The overall price action remains range-bound with a bullish bias, though gold is still trading within the lower to middle Bollinger Bands. A clearer upside move may emerge once the correction phase concludes.
In the short term, resistance remains at the 3030-3040 zone. If this level holds, short positions can be considered. On the downside, key support levels to watch are 3012 and 3005, with the 3005-3000 range offering a potential buying opportunity.
Trading Strategy:
- Sell near 3030-3040resistance if it remains intact.
- Buy around the 3005-3000 support zone.
- Adopt a range-trading approach, focusing on shorting near resistance and buying near support.
I have always been glad that I can stick to my original intention. I can be dedicated to every friend who proposes cooperation. I will use my professional strength to help you make profits, recover your capital, and increase your funds. My reputation depends entirely on the publicity of customers. My strength has been honed in actual combat for a long time. Even if the road ahead is bumpy, as long as you give us trust, we will do our best to guide you and use your funds to the maximum effective limit, so that you can experience the feeling of profit in the ups and downs of the market! If you don’t know when to enter the market, you can pay attention to my 🌐 signal. I will release specific signals in real time. Remember to pay attention to the 🌐 signal in time.
GOLD ALERT | BIG DROP LOADING!🏦 Institutions Are Taking Profits – Are You Ready for the Next Move?
For the last 4 weeks, institutions have been reducing their long positions on #GOLD ( OANDA:XAUUSD ). This is exactly what I warned about – profit-taking from big players, signaling potential downside ahead.
technical down
Go short first, then go long, and grasp the rhythmGold overall rose and fell last week. After three consecutive positive weekly lines, the upper shadow line was closed. On Friday, it walked out of the adjustment space. The short-term rise slowed down slightly, and it was more inclined to fluctuate at a high level. The daily line turned negative and retreated to correct, and it was in a partial adjustment stage. In the 4H cycle, it did not stabilize above the 3047-57 mark mentioned earlier, so it walked out of the second downward exploration space, but combined with the intact structure of the three-month rising channel, the current retracement is more inclined to technical correction rather than trend reversal. From a spatial point of view, the 3030 line as the midpoint of the channel constitutes the primary resistance. If this position cannot be effectively broken through, the gold price may test the support of the 3000 integer mark downward. It is worth noting that the static resistance formed near 3050 resonates with the recent fundamental negatives, further suppressing the upward space.
The current strategy needs to focus on whether the 3026 opening high can be recovered in the oscillation range. If it stabilizes, it will be seen to 3035 last week's opening point; on the contrary, if it falls below the 3010 short-term moving average support, the shorts can follow the trend to the expected 3000 mark. It is recommended to adopt the range trading mode, and operate back and forth between high and low in the range of 3000-3035. Technically, we need to be alert to the stagflation signal formed by the continuous shortening of MACD and the closing of Bollinger Bands. It is recommended to avoid chasing highs and focus on the impact of US CPI data on the market.
Gold operation advice: Go short after rebounding around 3030-3040. Go long after stepping back to 3010-3000.If you don’t know when to enter the market, you can follow me. I will release specific signals in real time. Remember to pay attention in time.
Gold Buy IdeaBased on the gold charts with the requested indicators (Bollinger Bands/MBB, VWAP with bands, and RSI 14), here's my analysis across the three timeframes:
Buy at 3,025
SL: 3,021.50
TP 1: 3,029.50
TP 2: 3,035.00
Current price: 3,024.10 with slight negative movement (-0.02%, -0.655)
5-minute chart: Price is trading between the MBB (3,024.78) and lower Bollinger Band, with RSI at 62.13 showing positive momentum but not overbought
15-minute chart: Price is near the MBB (3,021.52) with RSI at 57.55, indicating moderate bullish momentum
1-hour chart: Price is testing the MBB (3,015.66) as support, with RSI at 46.80 showing a potential shift from bearish to neutral/bullish momentum
The VWAP session bands on all timeframes show price currently within the bands but starting to approach the upper band. The 1-hour chart shows resistance at around 3,028-3,029 (previous VWAP upper band area).
This setup takes advantage of the potential upward momentum indicated by the RSI readings across timeframes, with price finding support at the middle Bollinger Bands. The stop loss is placed below the recent support level and below the lower VWAP band on the 15-minute chart, while take profit targets aim for the upper Bollinger Band and recent resistance levels.
Next week's market strategy analysisGold fell on Friday, falling to the lowest level of 2999 and then began to rebound strongly. Overall, if we say that gold has peaked now, it is too early, because there are still many uncertainties to stimulate the increase in risk aversion, so it is possible that gold will rise again. However, the impact of the news is only one aspect of our reference. However, the impact of news is only one aspect for our reference. After all, a lot of information cannot be known in time. We can only say that we should pay attention to the existence of this risk factor, so we still start from the technical level. There is still room for gold to rebound next week. We will first focus on the short-term suppression of 3025-30.
From the hourly analysis, pay attention to the support of 3005-3000 below. If it does not break after the retracement, continue to be bullish. Pay attention to the short-term suppression of 3025-3030 above, and focus on the suppression of 3045-57 above. The operation still maintains the same rhythm of the main multi-trend. If you don’t know when to enter the market, you can pay attention to me. I will release specific signals in real time and pay attention to it in time.
Gold operation strategy for next week: Gold will go long after stepping back from 3005-3000, and the target is 3025-3030.
GOLD IDEA SWING TRADESMy idea is on Long, wait for 2980 zone. this is our area for Longs, it might break 2977.
Do only base on your own understanding on your charts. this is only my view, I change it to hourly, the idea is on daily.
wait for it or trade at short once you see this. previous high the SL.
Target on Longs is 3150. pewpew
This is not a financial advice.
Follow for more.
Were the creator of new ones.
see the trades, Goodluck.
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this.
Last week we completed target to the channel top and stated that if we see ema5 lock outside the channel then we will look for support outside the channel on the channel top for a continuation.
- This played out perfectly with ema5 cross outside of the channel top and then the channel top provided support for a continuation. We are now seeing no candle body close or ema5 lock above 3052 confirming the rejection and expect to see play between 3007 and 3052 to break and confirm our next range.
This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
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 using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
LAST WEEK UPDATE
The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range.
PREVIOUS WEEKS UPDATE
After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs.
We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips.
- Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.