Gold Price Faces Heavy Pressure – Key Levels and Strategy

May 14

GOLD DAILY STRATEGY – 14 MAY 2025
Price fails to hold gains as sellers dominate early Asia – Eyes on 3206 zone!

🔍 Market Sentiment Update:
Gold started the day with a slight uptick, but the rally was quickly rejected, and price fell sharply — a clear signal that buying power remains extremely fragile. This kind of price behavior — slow climbs, rapid falls — is typical of a market losing confidence in its upside momentum.

At the same time, geopolitical tensions have eased and US-China tariff talks have shown signs of progress, further pressuring gold as safe-haven demand weakens. All major macro indicators are now aligning with the bearish narrative.

🟠 Conclusion? Gold is likely to stay within the current descending price channel, and any bullish pullbacks may be limited unless strong demand re-emerges.

📉 Technical Outlook:
Price is trading below key resistance and continues to reject upside attempts. The market is respecting short-term resistance zones and pushing deeper into support. Unless there’s a clear reversal signal, selling on rallies remains the optimal approach.

📌 Key Resistance Zones:
3244
3262
3278
3290
3308
3330

📌 Key Support Zones:
3216
3206
3194
3170
3158

🎯 Trade Setups:
🔴 SELL SCALP
Entry: 3257 – 3259
SL: 3263
TP: 3253 → 3250 → 3246 → 3242 → 3238 → 3235 → 3230 → 3220

🔴 SELL ZONE
Entry: 3278 – 3280
SL: 3284
TP: 3274 → 3270 → 3266 → 3262 → 3258 → 3254 → 3250 → 3240 → 3230

🔵 BUY SCALP
Entry: 3196 – 3194
SL: 3190
TP: 3200 → 3204 → 3208 → 3212 → 3216 → 3220

🔵 BUY ZONE (Long-Term Zone)
Entry: 3158 – 3156
SL: 3152
TP: 3162 → 3166 → 3170 → 3174 → 3178 → 3182 → 3190

⚠️ Final Notes:
Price action continues to respect the bearish channel.

BUY entries are risky at this point — every bounce is met with resistance.

Watch closely for price behavior near 3222–3206 for possible intraday reactions.

News events remain critical — any update from US-China talks or surprise Fed remarks could change the bias swiftly.

📌 As always — respect your zones. Stay reactive, not predictive. Trade safe, and let the market show its hand.

May 14

Trade active

Gold is currently experiencing a strong drop and has closed below the resistance levels outlined in today’s plan at 3296 - 3294. As I mentioned earlier, if there’s a strong breakdown like this, the price could move further down towards the 315x zone, possibly around 3158 - 3156. With the steep decline in the current downward channel, it's not ideal to jump into a BUY signal just yet. The focus should remain on selling, but it’s challenging to find a good entry for SELL right now as the price is under strong selling pressure and there hasn’t been a significant pullback for SELL entries. So, it's best to stay on the sidelines and wait for further developments.

For now, you might want to monitor the nearby resistance levels on the M5 or M1 chart for a potential early SELL entry. Key levels to watch are:

Resistance: 3185 - 3195

Support: 3168 - 3157 (potential BUY zone to be cautious of)

These could be the most critical levels to watch for the day’s price movement. If the price breaks the 315x level with more strength, it could potentially drop further to 31xx quite quickly.

Stay patient, and always stick to your risk management strategy!