Gold Trading Strategies, March 12

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📊Gold is still in a volatile central structure (2880-2930). The US CPI data will be released today. If inflation falls beyond expectations, it may trigger gold to break through the 2930 pressure; if the data stickiness strengthens, we need to be vigilant about the 2880-2860 area.

📊From the 1-hour chart, the price repeatedly tested the 2920-2925 pressure zone (several times this week), forming a partial double top prototype; the Asian session was narrowly consolidated around 2910-2922, reflecting the market's cautious sentiment before the CPI data; MACD was glued near the zero axis, and KDJ was blunted in the overbought zone, indicating insufficient short-term momentum.

🔴Upper resistance level:
-First: 2922-2925
-Second: 2930-2934
-Third: 2945-2950

🟢Lower support level:
-First: 2890-2894
-Second: 2880-2885
-Third: 2865-2860

✅Gold will continue to fluctuate in the short term. Before the core range of 2880-2930 is broken, it is recommended to sell high and buy low. Focus on the impact of CPI data on the US dollar index and real interest rates. The current market is in a stage of accumulation, and trading requires strict risk control discipline.

✅Trading strategies are time-sensitive. We will provide real-time and accurate trading strategies based on market changes. Please stay tuned.

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