What news has recently affected the trend of gold and crude oil?How to judge the future market of gold bulls and bears?
On Friday (March 7), spot gold prices soared due to the weak non-agricultural report, but after the hawkish remarks of Fed Powell, gold prices staged a "high diving". Subsequently, Fed Powell reiterated that there is no rush to cut interest rates. Uncertainty in the economic outlook has increased, and progress in inflation and continued employment has been uneven. It remains to be seen. We can wait for the impact of Trump's policies to become clearer. Powell added that the easing of geopolitical tensions also limited the rise in gold prices, and some progress has been made in a possible ceasefire agreement between Ukraine and Russia. In the Middle East, US President Trump continued to pressure Hamas to release hostages. At the same time, according to the World Gold Council, the People's Bank of China continued to buy gold. The People's Bank of China increased its holdings of gold by 10 tons in the first two months of 2025. However, the largest buyer was the Polish Central Bank, which added 29 tons of gold reserves, the largest purchase since it bought 95 tons of gold in June 2019. The gold market is currently in a consolidation phase, and risk aversion provides continued support.
OANDA:XAUUSD ICMARKETS:XAUUSD TVC:GOLD TVC:USOIL FOREXCOM:XAUUSD
Goldprediction
Chasing the gold wave and steering the direction of wealthFaced with the complex and ever-changing international situation, geopolitical conflicts and economic data fluctuations, as a qualified trader, he can always unravel the mystery, predict the trend of gold prices from the macroeconomic pattern, and skillfully grasp the timing of entry and exit. In the field of gold trading, his forward-looking analysis of industry trends and in-depth research on corporate fundamentals help tap potential markets and avoid potential risks.
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Gold trading continues to win and make profitsFriends who followed me to short in the 2920-2925 area, I made a profit of 140 pips this time, which is a good trading result. It has been proven to be effective. Others are still waiting and watching. I directly hit hard to short gold. This wave of operations is a sure win. Just wait and count the money.
This week's cumulative profit reached 30k. This achievement is inseparable from the close tracking of the market, the flexible use of technical analysis, and the accurate interpretation of fundamental news. Next week we will continue to maintain a rigorous trading attitude, optimize strategies, and continue to write good results in the gold market.
You can move your fingers and join my channel to make making money a pleasure. If there are good trading opportunities later, I will share them again in the channel. If you want to make money happily, you can join my channel.
GOLD ROUTE MAP UPDATEHey Everyone,
PIPTASTIC finish to the week!!!!
After updating our 1H chart all week with perfect weighted level bounces, clearing our Bullish targets from every dip, we now finish up with our 4H chart update.
We got our 2889 target start of the week, followed with EMA5 cross and lock opening 2914, which was also hit perfectly. We then got our ema5 lock above 2914, opening the range above. We were able to ride this all the way into 2930 with more room left for the full gap. However, end of week now, so we will update our charts for Sunday for the week ahead.
BULLISH TARGET
2889 - DONE
EMA5 CROSS AND LOCK ABOVE 2889 WILL OPEN THE FOLLOWING BULLISH TARGET
2914 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Be careful when trading XAUUSD after the data is releasedOn Friday (March 7), the February non-farm payrolls data was released, with 151,000 new jobs, lower than the market expectation of 160,000, and the unemployment rate slightly increased to 4.1%. The annual rate of hourly wages increased by 4.0%, lower than the expected 4.1%. After the data was released, the market fluctuated violently. The US dollar index (DXY) first fell 13 points to 103.61, then rebounded 27 points to 103.88, and then plunged about 40 points, reaching a low of 103.4554, with a fluctuation range of more than 80 points. Spot gold (XAU/USD) rose by $9 to 2930 in 1 minute, and then gave up the gains, with an amplitude of about $50, and now reported at $2912.88/ounce. This slightly weak employment report ignited recession concerns. While the US dollar was under pressure, the Fed's policy expectations also faced new tests. New changes are worth paying attention to. Well-known institutions pointed out that "Trump has been engaged in civil servant layoffs and trade barriers since he took office, which is not good for the job market.
Technical analysis viewpoint: The dollar broke down and gold fluctuated under pressure
Weak signals dominate, and policy games intensify. From a technical perspective, if the US dollar index cannot return to 103.70, the 103 mark below is in danger, and it may even test 101.90. The upper resistance is 104 and the 200-day moving average (105.03), and a short-term rebound requires strong positive support. For gold, pay attention to the resistance range of 2930-2935. If it breaks through, it will point to 2950. Pay attention to the support of 2882-2876 below.
Trading is risky, and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to enter the market and want to get accurate transactions and huge profits in advance, please leave me a message and I will make you feel that this is true. TVC:GOLD OANDA:XAUUSD ICMARKETS:XAUUSD FOREXCOM:XAUUSD
Seize the opportunity to short goldTrading must have methods and rules, and it is not done casually based on feelings. In addition to trends, the market also has time points, and the position and time must match. Therefore, risk control is the first consideration. Only with appropriate position management can you dare to do it and take it, not afraid of stop loss, and gradually stabilize profits according to the trading system.
So in the short term, you can still try to short gold again. I have already shorted gold near 2920-2925. The target is 2910-2900 area. Wish us good luck! Brothers, are you following me to short gold?
Gold (XAU/USD) Chart Analysis### **📊 Gold (XAU/USD) Chart Analysis**
🔹 **Current Trend:** Bullish momentum continues after two strong bullish days.
🔹 **Key Indicator:** RSI trending in bullish territory.
### **🔺 Bullish Scenario (Buy Trade)**
- **Next Resistance:** $2,950
- **Major Resistance:** Record high at $2,954
- **Breakout Target:** If $2,954 is broken, gold could reach $3,000.
### **🔻 Bearish Scenario (Sell Trade)**
- **Support Level:** $2,900
- **Breakdown Risk:** A daily close below $2,900 could trigger a pullback.
### **🛑 Risk Management**
✅ If going **long**, watch for resistance at **$2,950-$2,954** before adding positions.
✅ If going **short**, wait for confirmation of a **close below $2,900** for a potential correction.
✅ Maintain a proper stop loss based on **volatility and market structure**.
NFP LIQUIDITY GRAB COMING Key Price Levels:
Level Price Importance
PWH (Previous Weekly High) 2,960.000 Strong resistance
PDH (Previous Day High) 2,930.000 Key liquidity level
Equilibrium 2,910.000 Fair value region
PDL (Previous Day Low) 2,890.000 Possible buy-side liquidity
PWL (Previous Weekly Low) 2,840.000 Strong demand zone
Discount Zone 2,850 - 2,830 High-probability buy area
3. Trading Plan:
🔵 Long (Buy) Plan:
Entry Criteria: Wait for a reaction at PDL (2,890.000) or discount zone (2,850 - 2,830). If a bullish BOS or ChOCH forms, enter long.
Confirmations: Bullish engulfing, strong rejection wick, demand zone reaction.
Target (TP1): Equilibrium at 2,910.000
Target (TP2): PDH at 2,930.000
Stop Loss: Below PWL (2,840.000)
Risk-to-Reward: Minimum 1:3
🔴 Short (Sell) Plan:
Entry Criteria: If price reaches PDH (2,930.000) or PWH (2,960.000) and forms a bearish rejection (e.g., double top, BOS).
Confirmations: Bearish engulfing, BOS, liquidity grab.
Target (TP1): Equilibrium at 2,910.000
Target (TP2): PDL at 2,890.000
Stop Loss: Above PWH (2,960.000)
Risk-to-Reward: Minimum 1:3
4. Neutral Zone (No Trade)
If price remains between 2,910.000 - 2,930.000 without a clear BOS or liquidity grab, it’s a consolidation zone. Avoid trading in chop.
XAUUSD trading signal for large-scale fluctuations tonightGold is currently fluctuating in a narrow range and is currently trading around $2,919/ounce. Gold prices fell slightly on Thursday. Some of Trump's tariff exemption policies and the market's expectation that the Russian-Ukrainian war is coming to an end have cooled risk aversion sentiment and pushed some longs to take profits. Spot gold once fell to around $2,891/ounce, but the US trade deficit hit a record high in January, suggesting that trade may drag down economic growth in the first quarter. Market expectations for the Fed's rate cut in May have increased, attracting bargain-hunting buying to support gold prices, which closed at $2,910.76/ounce on Thursday, down about 0.28%. The market's attention is currently turning to Friday's non-farm payrolls data to further understand the Fed's monetary policy trends.
From a technical perspective, the upper resistance is concentrated in the 2,922 to 2,924 area. Once effectively broken, the gold price may continue to rise to around 2,940. The lower support is in the 2,893 to 28,882 range. If it falls below this support, the gold price may pull back to the 2,868 level. In terms of operation strategy, it is recommended to focus on callbacks and long positions, supplemented by rebound high-altitude strategies. Everyone needs to pay close attention to the impact of non-agricultural data on the market, flexibly adjust positions, and do a good job of risk management to respond to market fluctuations in a stable manner. OANDA:XAUUSD TVC:GOLD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD
Keep an eye on gold! Wait for the best time to enter the marketOn the road of trading, impatient people often lose their way, and only those who are patient can grasp the real opportunities. If you don’t have a good position to participate in the transaction, it is just right to hone your mind and let patience become your trading background. When the time is right, you can reap rich rewards in one fell swoop.You can move your fingers and join my channel to make making money a pleasure. If there is a good trading opportunity later, I will share it again in the channel. If you want to make money happily, you can join my channel.
3.7 Gold wedge wide consolidation, waiting for non-agricultural 2928 is the defensive point, short near 2923, if weak, it is 19-20 here, once the four-hour below the medium-term moving average, it is dispensable for the evening data, basically it is a rebound short, pay attention to the three points below 95-84-65. Personally, I expect that today will be a Black Friday.
Trading is for profitable trading, not for gambling or trading, so traders must understand what operations to take at what stage the price is! Traders are not always long or short, and traders always change with market changes! Traders must have their own defense system to control risks!
Gold 2919-2925 short, waiting for non-agricultural guidanceBefore the non-agricultural data is released, the short-term trend is likely to continue to fluctuate. At present, the amplitude of the fluctuation is too large. The current support below is maintained at 90, and the pressure above is maintained at 20. In the short term, we can do some oscillation operations around this range. Once a breakthrough occurs, we can continue to follow up in the later stage. The previous value of non-agricultural data is 14.3, and the expected value is 16. The value in the evening is likely to be higher than 16, which may also have a negative effect. In the day, we still wait for the bulls to pull back and short near 2919-2925, and the target is the area near 2910-2900.
You can move your fingers and join my channel to make making money a pleasure. If there is a good trading opportunity later, I will share it in the channel again. If you want to make money happily, you can join my channel.
Non-agricultural data is coming, gold trend analysis The biggest news overnight was the expected rate cut by the European Central Bank, which indicated that the European Central Bank may cut interest rates further.
Although the trade war with the United States is imminent and Europe plans to increase military spending, it has triggered the most significant economic policy shift in Europe in decades.
In addition, the number of initial jobless claims in the United States last week fell by 21,000, a larger drop than expected, suggesting that the labor market remained stable in February, but import tariffs and drastic government spending cuts will cause turbulence in the future.
In addition, the number of initial jobless claims in the United States last week fell by 21,000, a larger drop than expected, suggesting that the labor market remained stable in February, but import tariffs and drastic government spending cuts will cause turbulence in the future.
In the early morning, Federal Reserve Chairman Powell will also give a speech at the University of Chicago Booth School of Business, so everyone should pay close attention.
From the perspective of the 1-hour cycle, it is very similar to the 4-hour cycle, and it is not an exaggeration to say that it is a nested structure. The same trend line breaks down, and the same high point moves down. Again, not chasing the rise is a discipline that must be followed. Even if it breaks through 2930 today, the upper 2940--44 area will still be beaten down. So in the short term, you can short around 25. Conservative investors can wait for the release of non-agricultural data and choose the opportunity to enter the market.
Gold (XAU/USD) Bearish Setup – Potential Drop to $2,901This chart represents Gold Spot (XAU/USD) against the U.S. Dollar on the 15-minute timeframe, published on OANDA.
Key Observations & Analysis:
Double Top Formation:
The red circles highlight two previous highs, indicating strong resistance around 2,919.684.
This suggests a potential reversal to the downside if the price fails to break above.
Bearish Trade Setup:
The price is currently near the resistance zone and has started to decline.
The chart suggests a short trade with:
Entry near the resistance zone (around 2,913 - 2,915).
Stop-loss (SL) placed above 2,919.684 to protect against an invalidated setup.
Take Profit (TP) Levels:
First TP: Around 2,907 (minor support).
Second TP: Around 2,902 (stronger support).
Final Target (tech this point): Around 2,901.098 (key support level).
Bearish Confirmation:
The red trendlines indicate a potential lower high formation, supporting the downtrend.
If the price fails to break resistance and follows the projected path, the bearish move is likely.
Conclusion:
Bias: Bearish (Sell Setup).
Entry: Near 2,913 - 2,915.
Take Profit Targets: 2,907, 2,902, and 2,901.
Invalidation: A breakout above 2,919.684 cancels the bearish setup.
Today's gold 19-20 short, waiting for the evening non-agriculturGold, yesterday's trend also caught the market off guard. Before the non-agricultural results are released, it is very likely to continue to maintain a volatile pattern in the short term. At present, the amplitude of the volatility is too large. The current support below is maintained at the 90 line, and the pressure above is maintained at the 20 line. In the short term, we can do some volatile operations around this range. Once a breakthrough occurs, we can continue to follow up in the later period. The previous value of non-agricultural is 14.3, and it is expected to reach 16. The value in the evening is likely to be higher than 16, which may also achieve a negative effect. In the day, we still wait for the bulls to pull back and short around 19-20, with a target of around 05-90 and a loss of 28.5.