Get started

Metals

Kalyani Steels trendline breakout - D timeframeKalyani Steels after achieving the target of 1179.50 exited parallel channel and held support at 700 range. Bullish reversal happened at 704.20 (mar 3) and bullish reversal confirmation at 721 (mar 17). Dec 17 '24 ATH to Mar 3 '25 precisely 44.86% fall as anticipated. Now price chart in daily timeframe showing double bottom with inverted hammer (Mar 19) along with RSI double bottom breakout. Weekly chart piercing line (i think) candlestick pattern along with RSI +ve divergence.
NSE:KSLLong
by naraykln
GOLD EA MAN UPDATE >READ THE CHAPTIAN Key Observations: Support Zone: The price has respected the marked support area and is showing bullish momentum. EMA Confluence: The price is currently below the 30 EMA (red), but if it crosses above, it could signal stronger bullish momentum. Target Point: The projection anticipates a move towards 3,052.357, possibly after a minor pullback. If price sustains above the 30 EMA and breaks through the minor resistance, your bullish target seems achievable. Are you already in a long position, or waiting for further confirmation?
TVC:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
Short-term strategy before the Fed's interest rate decisionGold continued to rise yesterday, up more than 1%. This is the power of the trend. Don't guess whether it has reached the top. This is not in line with market logic, because there is no turning signal. The risk of guessing that it has reached the top is relatively high. Of course, the market is always relative. It is impossible to keep rising. It is necessary to prevent the risk of large adjustments! Yesterday, the highest impact of the US market was 3038. There may be room for a short-term rise, but you must pay attention to the future. Going long is also a short-term profit exit. The daily and weekly lines are in an overbought divergence state. The price deviates far from the short-term moving average, and the risk of stepping back is getting bigger and bigger. Be bullish but not blind, and don't chase more. The short-term has risen three times, and the possibility of a pullback needs to be prevented later! Pay attention to the news of the Fed's interest rate decision. There was not much risk in going long before this. It should be a strong form. Gold continued to set new highs in 1 hour, but it is obviously not appropriate to enter at a high level now. It is better to wait patiently for a decline and continue to buy. Gold focuses on the support near the starting point of 3015 and continues to go long. The market is changing rapidly. Since the gold bulls continue to be strong, gold will continue to trade with the trend. Key points: First support: 3023, second support: 3016, third support: 3002 First resistance: 3039, second resistance: 3048, third resistance: 3056 Operation ideas: Buy: 3013-3015, SL: 3004, TP: 3035-3045; Sell: 3048-3050, SL: 3059, TP: 3020-3010; For more daily analysis, click on my avatar to view
TVC:GOLDLong
by Jun-GoldAnalyst
Gold - Long Term Elliot Wave Counts - Top is near!Gold has finally started it's last leg up, 5th of 5th on Weekly. This can go another 3-5% to 90600, 9100 or so, or maybe slightly higher, however, when it ends, we are looking for a sharp fall, as an extended 5th with short retracement in 4th doesn't end well. Lot of people would be trapped, and when it starts breaking levels it will create double pressure from bears shorting and bulls covering longs. I am expecting around 75k.
MCX:GOLD1!Short
by pankajarora232
7
GOLD AWAITS FED DECISION – WILL $3,050 BE THE NEXT TARGET?📌 Market Outlook Gold is holding steady above the $3,000 level as investors remain cautious ahead of the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, with increasing speculation about a potential rate cut in June. Despite last week’s price surge, gold’s short-term direction hinges on how the Fed’s economic outlook unfolds. If policymakers signal a dovish stance, we could see new highs beyond $3,050. However, any signs of persistent inflation may trigger a short-term pullback. 📊 Key Technical Analysis 🔹 Support Levels (Buy Zones) $3,000 – The psychological level where buyers are active. $2,985 - $2,975 – Strong liquidity zone, likely to provide support. $2,945 - $2,950 – If tested, this could be a major reaccumulation area. 🔺 Resistance Levels (Breakout Targets) $3,034 - $3,050 – Key resistance, breaking above could open the door for further upside. Above $3,050, momentum could accelerate toward $3,080 - $3,100. 🎯 Trading Strategy for Today 🟢 BUY ZONE: 2986 - 2984 📍 SL: 2980 🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3039 🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010 ⚠ Market Sentiment & Risk Management Gold is currently trading in an ascending channel with high volatility expected before the Fed’s decision. Traders should prepare for false breakouts and possible profit-taking moves around key levels. Stick to strict TP/SL strategies to mitigate risks! 📢 What’s your outlook for gold? Will we break above $3,050 or see a dip first? Let’s discuss! 🚀🔥
OANDA:XAUUSDLong
by MMFlowTrading
1
GOLD HOLDS ABOVE $3,000 – BIG MOVE AHEAD?📌 Market Overview Gold remains stable above the $3,000 mark as traders await the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, but speculation about a rate cut in June 2025 continues. Amid global economic uncertainty, gold maintains its position as a safe-haven asset, benefiting from a low-interest-rate environment. 🔹 Key Fundamental Factors 1️⃣ Fed’s Economic Projections The upcoming forecasts will provide insights into how policymakers assess Trump’s fiscal policies. A dovish Fed stance could push gold to new highs. 2️⃣ Safe-Haven Demand for Gold Low interest rates increase gold’s attractiveness as a non-yielding asset. Geopolitical tensions continue to support gold’s long-term bullish outlook. 3️⃣ Interest Rate & Inflation Impact Traders anticipate a rate cut by June, fueling gold’s rally. However, if inflation remains strong, the Fed may delay cuts, causing short-term pullbacks in gold. 📊 Technical Analysis – Key Levels to Watch 🔺 Resistance (Upside Targets) $3,034 - $3,050: If gold holds above $3,000, a test of this zone is likely. Breakout Alert: A move past $3,050 could trigger stronger bullish momentum. 🔻 Support (Pullback Zones) $3,000: A critical psychological level. $2,985 - $2,975: A potential dip zone where buyers might step in. $2,945 - $2,950: Strong long-term support—breaking below could indicate a shift in trend. 🎯 Trading Plan 🟢 BUY ZONE: 2986 - 2984 📍 SL: 2980 🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3039 🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010 ⚠ Market Caution! Gold is consolidating above $3,000, but volatility is expected ahead of the Fed meeting. Watch for potential breakouts or pullbacks—stick to risk management strategies! 📢 Will gold maintain momentum above $3,000, or is a correction coming? Share your thoughts below! 🚀🔥
OANDA:XAUUSDLong
by MMFlowTrading
GOLD : From Consolidation to Continuation - 3000 In SightGold has made a decisive breakout from its recent consolidation range 2900-30 (major support is now at the green rectangle) which is now establishing itself as major support around $2,920. This area aligns with the previous week's high, creating a strong technical foundation. Key observations: Breakout Confirmation: Gold has not only broken above the consolidation range but also cleared the Previous Monthly High (PMH) at approximately 2,960. This level should now act as support on any pullbacks. Strong Bullish Momentum: The recent price action shows a powerful impulse move with minimal retracement, indicating strong buying pressure and institutional interest. Order Block Formation: The daily candles preceding the breakout have created a bullish order block that should provide support if tested. Market Structure Shift: The higher highs and higher lows confirm a bullish market structure, with the previous resistance levels now expected to act as support. Target Projection: Based on the breakout momentum and channel projection (shown by blue arrows), the 3,000 psychological level appears to be the immediate target, with potential for extension toward 3,050-3100 if momentum continues.
OANDA:XAUUSDLong
by TheGoldenCircle
3
"Gold Price Analysis: Supply Zone Rejection & Potential Drop Key Technical Levels: Supply Zone Resistance (~3,004.973): Price is currently testing this resistance area, which could lead to a potential rejection. FVG (Fair Value Gap) Support Level (~2,949.378 - 2,945.323): This area is marked as a potential support zone where price might find buying interest. EMA 200 Support (2,945.323): A critical dynamic support level that aligns with the FVG zone. Indicators: EMA 30 (Red Line - 2,990.457): Short-term trend indicator. EMA 200 (Blue Line - 2,945.323): Long-term trend indicator. Price Action & Prediction: The price is in the supply zone resistance and could potentially reject downwards. The blue projected path suggests a pullback to the FVG support zone before a possible rebound. If price breaks below this support, further downside could be expected. Potential Trade Idea: Short Setup: If rejection occurs at resistance, a short trade targeting the FVG/EMA 200 support could be considered. Long Setup: If price reaches the FVG zone and finds support, a long position targeting previous highs could be a strategy.
TVC:GOLDShort
by EA_GOLD_MAN_COPY_TRADE
Is it time to flee or enter gold?This week, the market focus is on the Fed's interest rate decision and the tension in Yemen in the Middle East. Gold prices rose to a new record high as the uncertainty of tariffs and bets on the Fed's loosening of monetary policy keep gold prices attractive. Central bank gold purchases and trade uncertainty are the main driving forces behind the rise in gold prices; investment institutions are accelerating the transfer of large quantities of physical gold bars to New York vaults to avoid possible tariffs and take advantage of the price difference between London and New York gold prices for arbitrage. After the sharp rise, gold entered a shock consolidation, which is also a common trend in this round of upward trend. Although the decline at the end of last Friday was not very strong, the upward trend cannot be easily reversed by a single decline, and greater strength and time are needed. Although the technical side still maintains the structural operation of the upward trend, we need to consider the historical high price of gold, and it is not easy to chase the rise at a high level. The trading idea at the beginning of the week is to wait for a pullback to buy at a low level, and then sell short-term near the previous historical high or another historical high! Key points: First support: 2980, second support: 2972, third support: 2963 First resistance: 3005, second resistance: 3013, third resistance: 3026 Operation ideas: Buy: 2980-2983, SL: 2972, TP: 3000-3010; Sell: 3005-3008, SL: 3016, TP: 2990-2980;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
GOLD IN A WAIT-AND-SEE MODE – IS A BIG BREAKOUT COMING?📌 Market Overview Gold is showing weak momentum at the start of the new trading week after a sharp decline from last week's high. This suggests that investors are still waiting for clearer signals before committing to a direction within the current price channel. This week, market participants will closely watch the Federal Reserve’s FOMC meeting, where key decisions regarding interest rate policies will be made based on last week’s inflation reports. Meanwhile, geopolitical tensions are rising after Trump’s recent airstrikes on Iran-backed Houthi forces. However, despite this significant event, gold has yet to show a strong bullish reaction. This raises the need for further confirmation before defining the next major trend. 📊 Key Levels to Watch 🔹 Support Levels: 2982 - 2976 - 2966 - 2948 🔹 Resistance Levels: 2994 - 3004 - 3015 - 3034 🎯 Trade Setups for Today 🟢 BUY ZONE: 2975 - 2973 📍 SL: 2970 🎯 TP: 2980 - 2984 - 2988 - 2992 - 2998 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3038 🎯 TP: 3030 - 3025 - 3020 - 3016 - 3010 ⚠ Caution Ahead! Possible Breakout Incoming! Gold has been trading within a narrow range since last week, and a strong breakout is highly likely during the late Asian or early European session. Traders should be prepared for high volatility and ensure proper risk management. Stick to TP/SL levels to protect your capital! 📢 What’s your outlook on Gold this week? Will it break higher or continue its correction? Drop your thoughts below! 🚀🔥
OANDA:XAUUSD
by MMFlowTrading
Gold : Bulls are in ControlGold is currently trading at 2,987, showing significant bullish momentum after breaking above its previous all-time high of 2,956.73 (weekly pivot level). The recent price action showing strong upward momentum with a clear breakout pattern ,Gold has successfully broken and established price action above the previous all-time high of 2,956.73, which is now acting as a support level. Potential Scenarios: Primary Scenario (Bullish continuation) : Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong. Secondary Scenario (Pullback then rise) : Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
OANDA:XAUUSDLong
by TheGoldenCircle
XAUUSD Analysis: Bearish Reversal with Potential for Liquidity📉 XAUUSD (Gold Spot vs USD) Analysis - 3H Chart 🌟 Shooting Star Pattern Detected: The market has formed a shooting star, a bearish reversal candlestick, signaling potential weakness at the top. 📍 Key Resistance Zone (Purple Box): Price action has been rejected from this area, showing strong selling pressure. 🔍 If Break Scenario: Should the price break below the 2,949 support zone (🔵), we can expect a bearish drop 📉 with potential liquidity grab before a pullback for a new all-time high (ATH) 🚀. 🧐 Market Sentiment: Bearish bias for now, but watch for a potential reversal after liquidity is swept. ✅ Trader's Tip: Wait for a clean break and retest before entering a short position. 🎯
OANDA:XAUUSDShort
by MrStellanSight
Gold (XAU/USD) 30-Minute Analysis Bearish Breakdown Towards Gold (XAU/USD) 30-Minute Analysis – Bearish Setup📉 Key Observations: 1.Rising Wedge Breakdown: - The price has been moving within an ascending channel(EA TRADE LINE). - A potential breakdown is forming as the price approaches resistance. EMA Levels: -30 EMA (Red, 2,986.22: The price is hovering near this level, showing potential weakness. -200 EMA (Blue, 2,950.00) This is the first major support level in case of a decline. 3. Bearish Projection: - A break below current leve could trigger a sharp drop. - The **target zone is around 2,902.73 – 2,902.41, aligning with prior support. 4. Risk Management: Stop-loss (Red Zone): Placed above 2,990.86 to protect against invalidation. Take-Profit (Green Zone):Set near 2,902, offering a strong risk-to-reward ratio Conclusion: -Bearish Bias: A drop seems likely if the price fails to reclaim higher levels. Confirmation Needed A clean break of 2,980 could accelerate the move. -Risk Facto If price reclaims 2,990+, the bearish setup might be invalid.
CAPITALCOM:GOLDShort
by EA_GOLD_MAN_COPY_TRADE
2
GOLD TRADING POINT UPDATE > READ THE CHPATIANBuddy'S dear friend 👋 SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 list week profitable profomans reached target point 2961 ) New technical analysis setup for Gold 🪙 a short trend 📉 analysis setup. Guys 🤝 Gold 🪙 1 Time Frame 🪟 patterns chart 📉. Looking for selling zone ☺️ 🤝 FVG level 3006$ 2996$ rejected point below 👇 ⬇️ target point 2832 - 2818. ) again back 🔙 that entry buying said. Update you next analysis Guys 🤝 now follow it' good luck 💯 Key Resistance level 2996+ 3006 Key Support level 2832 - 2818 Mr SMC Trading point Pales Support boost 🚀 analysis follow)
FOREXCOM:XAUUSDShort
by SMC-Trading-Point
GOLD (XAU/USD) Weekly Analysis – Correction or Breakout Ahead?Last week, gold (XAU/USD) hit a new all-time high (ATH) at 3005, but a sharp correction followed, bringing prices down to the 2980 - 2985 zone. This volatility suggests that the market is seeking equilibrium before determining the next move. For the upcoming week, all eyes are on key economic data from the U.S., particularly the Federal Reserve's monetary policy and inflation indicators. These factors will directly impact the USD and gold’s direction. 📉 Gold Market Outlook After a strong rally, gold is now in a corrective phase, absorbing liquidity before a potential continuation. Based on the technical chart: The FVG (Fair Value Gap) formation suggests that gold might revisit lower levels to fill liquidity before resuming its trend. The overall trend remains bullish, but key support levels need to hold for continued upside movement. The market awaits signals from the Fed and U.S. economic data to determine the next major move. 🔥 Key Factors to Watch This Week 1️⃣ Federal Reserve Policy – Will Rates Remain High? The Fed has maintained a hawkish stance, but if upcoming economic data show signs of weakness, expectations of rate cuts or easing policies could support gold. 👉 Scenario 1: If the Fed remains committed to tight monetary policy, gold could face more selling pressure and test deeper support levels. 👉 Scenario 2: If the Fed signals a more dovish stance, the USD could weaken, boosting gold prices. 2️⃣ U.S. Inflation & Economic Data – The Game Changer Key reports like CPI and PPI will be the driving force behind market movements. If inflation slows down, expectations of a Fed rate cut will rise, pushing gold higher. 👉 Higher-than-expected CPI: The Fed may keep rates high → Stronger USD → Gold under pressure. 👉 Lower-than-expected CPI: Expectations for easing policies increase → Weaker USD → Gold rebounds. 📌 Key Support & Resistance Levels for GOLD 🔹 Major Resistance Levels: 3014 - 3034: A crucial zone where previous selling pressure emerged. 3050: A breakout above this level could open the door for further upside movement. 🔹 Major Support Levels: 2942 - 2915: The FVG zone, where liquidity might be filled before a potential rebound. 2885: A breakdown below this level could trigger a deeper correction. 🎯 Conclusion Primary Trend: Gold remains in a long-term uptrend, but a short-term correction is possible before resuming the bullish move. Market Catalyst: The direction of gold this week will be dictated by the Fed’s stance and U.S. inflation data. Key Levels to Watch: 2915 - 2942 as critical support zones, while 3014 - 3050 will act as major resistance. 🔥 This week, closely watch gold’s reaction at key support and resistance levels to assess its next move! 🚀
OANDA:XAUUSDShort
by MMFlowTrading
GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋. SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold 1H time. Look 👀 first take FVG level that take entry buying said target point 2959 New ATH wait for FVG level good luck 🤞 Key Resistance level 2930 + 2959 Key Support level 2909 - 2902 - 2896 Mr SMC Trading point Pales support boost 🚀 analysis follow)
FOREXCOM:XAUUSDLong
by SMC-Trading-Point
3
XAU#24: Gold hits $3,000. Will there be a correction?💎 💎 💎 So OANDA:XAUUSD has successfully achieved the $3,000 mark thanks to tariffs and economic growth concerns. Let's continue to plan for gold FOREXCOM:XAUUSD : 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 The trade war due to tariffs as well as expectations of slowing inflation and concerns about economic growth will push the Federal Reserve to cut interest rates this year are the main drivers of gold's safe-haven demand. 2️⃣ **Technical analysis:** 🔹 **D Frame**: Gold broke through the resistance area of ​​2955 strongly and reached the 3000 mark the next day. The uptrend is very clear. Although the weekend closed with a pinbar, this is likely to be short-term profit-taking pressure as the market enters the weekend trading day and comes from the 3000 round mark 🔹 **H4+H1 frame**: the price returns to a strong uptrend after accumulating the 2900~292x area. The price reaction at the psychological level of 3000 is weak when the price does not have a clear corrective reaction. 3️⃣ **Trading plan:* ✅ There is still no clear sign of adjustment. Gold prices will continue to increase if trade tensions escalate from tariff retaliation orders. Although touching the psychological resistance of 3000, the price reaction is insignificant, showing that market sentiment is still optimistic about the prospect of gold's increase. The top priority is not to FOMO according to the price line. We can wait for the price to return to the support area to look for trading opportunities. 💪 **Wishing you success in achieving profits!**
ICMARKETS:XAUUSD
by TonyL0ng
Gold waiting to be bought or stopped tradingOn Thursday, gold in the US market rushed upward. The price broke through the high point of 2956 and accelerated to rise. The current highest point is 2990. This position is 100% of the previous round of rise and expansion. It belongs to the resistance area. Pay attention to whether it can suppress the bulls. The amplitude after breaking the high is larger than expected! After gold broke through the previous high of 2956 yesterday, the gold bulls were strong, and it was no longer the same volatile market as before. The gold bulls began to exert their strength! In the short term, the current increase has been more than 50 US dollars. It is obviously very risky to chase more. Shorting is also against the trend. The trend belongs to the bulls. The gold 1-hour moving average continues to cross upward and the bulls are arranged and diverge. The gold bulls are in high spirits. Gold is likely to set a new record high again and go to the 3000 line. Then there is an obvious trend change. The only way is to follow the trend and go long. Going with the trend is light and fluttering, and going against the trend is messy. Key points: First support: 2972, second support: 2963, third support: 2956 First resistance: 2998, second resistance: 3008, third resistance: 3018 Operation ideas: Buy: 2970-2973, SL: 2962, TP: 2990-3000;
TVC:GOLDLong
by Jun-GoldAnalyst
1
XAU/USD Bullish Outlook: Wyckoff Accumulation & Breakout PotentXAU/USD (Gold) - 2H Chart Analysis 🏆📈 🔹 Wyckoff Structure Insight The chart shows signs of a Wyckoff Accumulation phase. UTAD (Upthrust After Distribution) at the previous highs suggests a liquidity grab. Test of the resistance level before a strong rejection downward. SOW (Sign of Weakness) was observed, but buyers regained control. 🔹 Key Technical Levels Fair Value Range marked below, showing a potential area of demand. Unfilled Imbalance (EMB unfilled) signals an area where price might revisit before continuing upward. Gap below indicates a previous liquidity sweep before the bullish reversal. 🔹 Trend & Price Action Current price action is showing higher lows and bullish structure development. Projected bullish move 📈 is expected to test the $2,940+ region. 🔹 Trading Bias: Bullish ✅ A retracement to the EMA or minor pullback could offer re-entry opportunities. Invalidation level: Below $2,900, where momentum could shift bearish. 🚀 Gold remains strong; watch for breakouts above $2,940!
OANDA:XAUUSDLong
by MrStellanSight
XAG/USD (Silver) 4H Chart Analysis – Bearish Setup📉 XAG/USD (Silver) 4H Chart Analysis – Bearish Setup 🚨 🔍 Key Observations: Supply Zone (POI - Point of Interest) 🟪: The price is approaching a strong resistance area around $33.23 - $33.50. Liquidity Grab (LQ) & Rejection Expected ❌: The previous major liquidity zone (LQ) suggests a possible fake breakout or rejection. Bearish Projection ⬇️: The chart outlines a potential reversal after reaching resistance, leading to a drop towards $31.00 - $30.50. 📌 Trading Plan: Short Entry 🎯: Around $33.20 - $33.50 (if price rejects this area). Target 🎯: Major demand zone at $31.00. Stop Loss 🚨: Above $33.60 (to avoid fakeouts). Confirmation Needed 📊: Look for bearish candlestick patterns (e.g., engulfing, wicks, or double top formations). ⚠️ Final Thoughts: Bearish Bias ⚠️ unless price breaks and holds above $33.50. Monitor market conditions 🧐—news and fundamentals could shift momentum. 🔥 Trade smart! What do you think?
OANDA:XAGUSDShort
by MrStellanSight
IS GOLD HEADING FOR A NEW ALL-TIME HIGH? USD LOSING GROUND!📌 Market Overview For the past three months, the US Dollar (USD) has been consistently weakening, signaling a significant shift in the financial markets. With the latest CPI report showing weaker-than-expected figures, USD remains under pressure in the short term. However, long-term indicators suggest a potential recovery, implying short-term weakness but long-term strength for the dollar. Meanwhile, GOLD continues to benefit from this USD downturn, both fundamentally and technically. As previously highlighted, our bullish bias remains intact, and we will continue to look for early buy opportunities at key support zones while monitoring the next resistance levels at all-time highs (ATH). 📊 CPI Impact on USD & GOLD – What’s Next? 🔹 USD’s Short-Term Weakness vs. Long-Term Resilience The weaker-than-expected CPI figures have put immediate downside pressure on the USD. However, in the long run, this could signal a bottoming phase for the dollar, setting the stage for future strength. For now, USD weakness supports GOLD's bullish momentum, allowing for further upside potential. 🔸 GOLD’s Continued Strength – Aiming for New Highs? With weaker USD and a risk-off sentiment, GOLD remains a preferred asset for investors. Our strategy stays focused on buying dips, particularly around key support zones. The upcoming PPI report (Producer Price Index) will be another crucial factor influencing inflation expectations and USD movement. 📉 Key Technical Levels for GOLD 🔹 Major Resistance Levels: 2,945 - 2,956 - 2,972 - 2,988 🔻 Major Support Levels: 2,931 - 2,922 - 2,914 - 2,906 - 2,898 🎯 Trading Plan for Today 🟢 BUY ZONE: 2,922 - 2,920 📍 SL: 2,916 🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950 🔴 SELL ZONE: 2,955 - 2,957 📍 SL: 2,961 🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930 ⚡ PPI Data Tonight – Another Market Mover! 📌 Tonight, the PPI (Producer Price Index) report will be released, measuring inflation at the production level. 📌 A weak PPI print could add short-term bearish pressure on USD, further supporting GOLD’s bullish bias. 📌 However, in the long run, stable inflation could provide support for USD, reinforcing its recovery trend. 📢 Traders, be prepared for increased volatility! Stick to TP/SL levels to protect your capital. 🚀🔥 💬 What’s your view? Do you think GOLD will hit new ATH levels, or will USD start its recovery soon? Let’s discuss in the comments!
OANDA:XAUUSDLong
by MMFlowTrading
1