Gold Hits Another Record II U.S. Tariff Plan II Daily Analysis🔥 Fundamental Analysis :
⚡Gold rose to $3,164 per ounce, a new record high as risk aversion increased following President Trump's tariff announcement.
⚡Trump outlined a 10% baseline tariff on imports from all countries, with higher rates for nations with trade surpluses, including China (34%), the EU (20%), and Japan (24%), and a 25% tariff on foreign-made automobiles.
⚡ All eyes are on the U.S. non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path.
Technical Analysis:
1. New All-Time High:
The price reached 3,168 USD, marking a new all-time high.
However, the price has slightly retraced after hitting this level.
2. Fibonacci Levels:
• 1st Fib Level: 3,183 USD – Potential resistance.
• 2nd Fib Level: 3,206 USD – Further resistance if the bullish momentum continues.
3. Support & Resistance Zones:
• Green Zone (~3,135 - 3,138 USD): Previously a resistance, now acting as support.
• Another support near 3,124 USD.
• Resistance Levels:
• 3,168 USD: (All-time high) – If broken, could push the price towards the Fibonacci targets.
4. Moving Averages:
• Red Line (Likely 50 EMA): Trending upwards, supporting price action.
• Blue Line (Likely 200 EMA): Positioned lower, indicating that the trend remains bullish as long as price stays above.
5. Trend Analysis:
• Bullish Breakout: The price broke out of a previous range and surged to a new high.
• Potential Retest: Price might revisit the 3,135 - 3,138 support zone before another leg up.
Trading Considerations:
• Bullish Case: If price consolidates above 3,135-3,138, it could retest 3,168 and move towards 3,183 or 3,206.
• Bearish Case: A break below 3,135 could push price back towards 3,124 or lower.
• Risk Management: Place stop losses below key support zones if entering long positions.
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Xauusdsetup
Gold Spot (XAU/USD) Price Analysis –Key Zones & Potential Movemt🔵 Key Price Levels:
Current price: 🟠 $3,130.99
DEMA (9): 🔵 $3,138.21
Target price: 🎯 $3,174.92
📌 Zones Identified:
🟢 Demand Zone (Support) ⬇️: Strong buying interest, potential bounce area. If price falls here, buyers may step in.
🟡 RBR Zone (Rally-Base-Rally) 🔄: A mid-level area where price could consolidate before moving up.
🔴 Supply Zone (Resistance) ⬆️: Sellers might emerge, causing a reversal or slowdown in price movement.
📈 Potential Price Action:
🔹 Scenario 1 (Bullish 🐂): A retrace to the RBR Zone 🟡 could lead to a bounce 📈 toward the Target 🎯 at $3,174.92.
🔹 Scenario 2 (Bearish 🐻): If price drops below the Demand Zone 🟢, it may signal a trend reversal 📉.
🔹 Breakout Confirmation: If price breaks above the Supply Zone 🔴, it may continue rallying 🚀 toward the target point.
XAUUSD/GOLD 4H SELL PROJECTION 28.03.25Trendline Resistance: The price is projected to reverse after reaching this resistance level.
Sell Entry: Positioned near the trendline resistance, anticipating a downward move.
Take Profit (TP) Levels:
TP 1: First target near the Support S1 level.
TP 2: Second target near the Support S2 level.
Stop Loss (SL): Positioned above the trendline resistance in a red zone to limit risk.
Breakout Zone Retest: Potential price action area before further movement.
Parallel Trendline: The price is moving within a channel, and a possible break could indicate further downside momentum.
4-hour price projection for XAUUSD (Gold vs. US Dollar) on MarchKey Observations:
Current Market Price:
The price is around $3,046.450 at the time of analysis.
The high and low of the period are $3,053.485 and $3,045.005, respectively.
Technical Analysis & Patterns:
Rising Wedge Pattern has been identified.
A Bullish Engulfing Candlestick has formed, indicating potential upward momentum.
Break and Retest Strategy:
The chart suggests a breakout zone retest while respecting the trendline before further upward movement.
Key Levels:
Resistance 1: Around $3,054.264.
Target Price 1: Between $3,054 - $3,070.
Resistance 2 & Trendline Resistance: Near $3,076 - $3,080.
Stop-Loss: Set at a weekly low around $3,025 - $3,016.
Price Projection:
Expected price movement suggests a pullback to support levels before continuing its bullish trajectory.
A potential move toward $3,076+ is anticipated.
This chart analysis suggests a buying opportunity, with key resistance levels to monitor for profit-taking.
XAUUSD 4H BUY PROJECTION – March 18, 2025This chart presents a bullish projection for Gold (XAU/USD) on the 4-hour timeframe, indicating a potential buying opportunity based on trend analysis and key levels of support and resistance.
Key Components of the Analysis:
Uptrend Confirmation:
The price is moving within an ascending channel marked by two parallel blue lines.
The 4H parallel trendline suggests a continuation of bullish momentum.
Possible Buy Zone:
The chart highlights a potential buying area around the trendline, where price may pull back before resuming the uptrend.
Support & Resistance Levels:
Support S1: Around $3,015, where buyers might step in.
Resistance R1: Around $3,030, which could act as the first hurdle for price movement.
Resistance R2: Near $3,053, serving as a major target for bullish movement.
Target Prices:
Target Price 1: Around $3,030 (first take-profit level).
Target Price 2: Around $3,053 (second take-profit level).
Stop Loss:
Set at approximately $2,997, below key support, to limit downside risk.
Market Structure & Price Action:
The chart indicates higher highs and higher lows, confirming an uptrend.
A possible W pattern (double bottom) suggests a strong bullish breakout.
Trading Plan Summary:
Buy Entry: Around the support/trendline zone.
Take Profit Levels: First at $3,030, second at $3,053.
Stop Loss: Below $2,997 to manage risk.
GOLD - CONSOLIDATING AT HIGHER LEVELS - MORE UPSIDE AHEAD?Symbol - XAUUSD
CMP - 2913
Gold continues to strengthen amidst escalating economic uncertainties and the aggressive sell-off in the US dollar. The metal is currently encountering resistance at the 2921 level and appears poised for further upward movement.
The US dollar has broken its bullish structure following comments from the US Department of the Treasury regarding potential interest rate reductions. This verbal intervention, perceived by some as market manipulation, has had a pronounced impact on the markets. Given the risks associated with trade tensions and expectations of a dovish Federal Reserve policy, further declines in gold appear unlikely. Additionally, weaker-than-expected ADP employment data and PMI figures could provide further upward momentum for gold.
Gold is currently testing two critical liquidity zones: 2913 and 2903. The nearest of these zones has already been tested, and attention is now on the 2921 level. If this level holds, gold may retrace back to the 2913-2903 support range. However, if this resistance is breached, it could set the stage for a stronger upward momentum.
Resistance levels: 2921, 2942, 2954
Support levels: 2913, 2903
Currently, gold is testing 2913, with a rebound forming as liquidity is absorbed. In the short term, the focus is on the 2921 level. A break above this level and a sustained price above it would likely trigger a continuation of the upward movement toward the 2942-2954 range.
GOLD STUCK IN A RUT - A MAJOR CORRECTION LIKELY? POSITIONAL VIEWSymbol - XAUUSD
CMP - 2907
Gold is currently consolidating and trading sideways within a defined support zone of 2892 and resistance at 2921. The metal is showing no signs of further growth as it remains stuck within this range. While there has been an aggressive sell-off in the US dollar, a typical scenario that would support gold, the precious metal has failed to show any upward momentum, suggesting a lack of bullish sentiment in the market.
From a technical perspective, the larger time frames indicate strong resistance levels at 2921, 2942 and 2954. These levels are acting as significant barriers to any substantial upward movement, and it appears that gold is attempting to make lower lows in its price action - A bearish indication in the current trend. This behavior supports the notion that the market may be gearing up for further downward pressure.
Furthermore, there is an expectation of a rebound in the US dollar from its current level around 104. Such a rebound would exert additional downward pressure on gold, reinforcing the ongoing bearish structure. Market participants are also anticipating the upcoming NFP (Non-Farm Payroll) data release, which could have a significant impact on the trajectory of the dollar, gold and, by extension, Fed policy. Should the data point toward a stronger labor market, it could trigger a rally in the dollar, further dampening gold's potential upside.
Despite the weaker dollar and expectations of potential Fed policy easing, gold has struggled to capitalize on these factors, likely due to the pause in Trump's tariff measures. The absence of significant external catalysts for growth means gold remains largely range-bound. If the bearish structure continues, a larger correction toward the 2800 levels could be on the horizon positionally.
However, if gold manages to break through the resistance zone at 2921 and move upward due to any unexpected news, there is potential for a rise towards the 2960 and even 3000 levels. That said, this scenario seems less likely given the current market conditions, with the overall outlook remaining tilted towards further downside.
Key Support Levels: 2892, 2881
Key Resistance Levels: 2921, 2942, 2954,
Overall, the market remains in a corrective phase, with the risk of further downside outweighing the chances of a breakout to the upside unless significant catalysts arise.
XAUUSD H2 : Analysis GOLD!📈 #BUY GOLD: 2893/2890
Stoploss: 2885 / Target: 2940
📉 #SELL GOLD: 2944/2947
Stoploss: 2952 / Target: 2920
Analysis: If Gold price runs into offers, immediate support is seen at the 2850 psychological barrier as the 21-day SMA at 2911 gives way.
The demand area near 2835 could be a tough nut to crack for sellers.
Weekly Buy Projection for XAUUSD (Gold) as of March 9, 2025This chart presents a **weekly buy projection** for **XAUUSD (Gold) as of March 9, 2025**. Here are some key takeaways:
### **Key Zones & Levels:**
- **Entry Zone:** Around **2,892.189 - 2,892.277** (aligned with a major trendline and support).
- **Support Levels:**
- **S1:** Weekly low acting as support.
- **S2:** Stronger support at **2,859.812** (also the stop-loss level).
- **Resistance Levels:**
- **R1:** Weekly high acting as resistance.
- **R2:** **2,956.190** (all-time high resistance).
- **Target Prices:**
- **Target 1:** **2,929.162**
- **Target 2:** **2,956.190** (major resistance zone).
### **Trend Analysis:**
- The chart highlights a **V-pattern formation**, confirming a **buy signal**.
- The **4H uptrend line was breached**, but the **daily timeframe trendline remains intact**.
- **Sideways movement** expected before continuation upwards.
- **Braked resistance retest** suggests a bullish continuation if price holds above support.
### **Trade Plan:**
- **Buy Entry:** Around **2,892.189 - 2,892.277** (as long as it respects the trendline and support).
- **Stop Loss:** Below **2,859.812** to manage risk.
- **Take Profit:**
- **Target 1:** 2,929.162 (first resistance)
- **Target 2:** 2,956.190 (major resistance & ATH)
XAU/USD (Gold vs. US Dollar) on the 1-hour timeframeKey Observations:
Bullish Engulfing Pattern – A strong reversal signal suggesting upward momentum.
Ascending Trendline + Support Level – Price respects the trendline, reinforcing bullish bias.
Entry Confirmation – The breakout above consolidation inside the triangle.
Target Prices:
Target Price 1: First resistance level.
Target Price 2: Day’s high at $2,928.78.
Stop Loss: Set below the trendline and support at $2,901.60.
GOLD - DOWNTREND PERSISTS, PRICE UNDER BEARISH PRESSURESymbol - XAUUSD
CMP - 2870
Gold has been on an upward trajectory since Friday, a typical response following the false breakdown of support at 2834. The price remains within a selling zone and is expected to approach resistance levels before potentially experiencing a pullback to the downside.
The US dollar has gained significantly over the past week and appears to be positioned for further strength. However, its trajectory remains contingent upon the ongoing tariff dispute, economic risks, and regulatory policies within the United States.
Market reactions are also being influenced by efforts to address the conflict in Eastern Europe. Key developments to watch include upcoming statements from the Federal Reserve and the release of US economic data.
On the 4-hour chart, Gold is trading within a narrow range between 2881 and 2834. Should the price fall below 2881, gold will remain under bearish/selling pressure. However, the liquidity in the 2878 - 2881 region suggests that gold may test this area of interest before resuming its downward movement.
Key resistance levels: 2869, 2877, 2881
Key support levels: 2859, 2834
Currently, consolidation is taking place below the 2869 level (0.5 Fibonacci retracement) following a false breakdown. If bearish momentum prevails and price remains below this level, a decline may occur sooner. Another potential trigger is the 2859 support level - If this level is breached, a sell-off and liquidation could ensue, potentially driving prices down to 2834
On the other hand, buying can be considered if gold overcomes the 2878 - 2881 zone and is able to consolidate above this area. In this case, the price will confirm the break of the trend and strong resistance. At the moment, while gold is inside this range, we can consider an intra-range trading strategy.
1H Buy Projection for XAUUSD (Gold/USD) on March 4, 20251H Buy Projection for XAUUSD (Gold/USD) on March 4, 2025. It highlights a bullish setup based on a V-shaped reversal pattern.
Key Observations:
Bullish Signals:
V-Pattern Formation: Indicates strong buying pressure and a potential trend reversal.
Uptrend Line: Price is following a bullish structure.
Buying Zone: Identified around 2,885 - 2,891.
Support & Resistance:
Support S1: Strong demand zone where price bounced.
Resistance R1: Around 2,900, first major hurdle.
Resistance R2: 2,919, higher resistance level and second target.
Trade Setup:
Entry (Buying Zone): Around 2,885 - 2,891.
Stop Loss: Placed at 2,879.35 (below key support).
Target Price 1: Around 2,905.
Target Price 2: Around 2,919.
Possible Trade Strategy:
Buy near the buying zone (2,885 - 2,891).
Stop Loss below 2,879 to manage risk.
Take Profits at 2,905 (first target) and 2,919 (second target).
Risk & Considerations:
If price fails to hold above the buying zone, a break below 2,879 may invalidate the bullish setup.
Price may face resistance near 2,900 before moving higher.
XAUUSD/GOLD WEEKLY PROJECTION 03.03.25A primary reason for gold price falls is a strong US dollar, as gold has an inverse relationship with the dollar, meaning when the dollar strengthens, gold prices tend to decrease; other factors include rising interest rates, which can make alternative investments more attractive to investors, leading to decreased demand for gold, and a stable economic environment that reduces the need for gold as a safe haven asset
XAUUSD WEEKLY SELL PROJECTION 03.03.25Bearish Signals:
Bearish Engulfing at the Top: This pattern often signals a potential reversal.
Evening Star Formation: A strong bearish reversal pattern.
Bearish Spinning Top: Indicates indecision but leans toward bearish sentiment.
Support & Resistance Levels:
Immediate Resistance: Around 2,885 - 2,904.
Immediate Support: Around 2,857.
Target Price 1: Approximately 2,840.
Target Price 2: Around 2,784 - 2,783 (Major Support).
Trend Analysis:
Broken Uptrend Line: A possible retest of the broken trendline before further downside.
Rising Wedge Pattern: This is typically a bearish continuation pattern, confirming downside potential.
Trade Setup:
Possible Short Position: Entry near 2,885 - 2,900, stop loss at 2,922.
Target Levels: First at 2,840, second at 2,784.
GOLD - FALSE BREAKDOWN & PULLBACK BEFORE FURTHER FALLSymbol - XAUUSD
Gold is currently revisiting recent lows within the context of a shifting local trend. The price is testing the 2852 liquidity zone, with the potential for a rebound before continuing its downward movement.
On Friday, gold traded near its two-week lows, falling below the 2900 mark in Asian markets, ending an eight-week streak of gains. The precious metal is facing downward pressure due to a strengthening U.S. dollar, fueled by President Trump’s renewed tariff threats and developments in the U.S. economy. Trump has confirmed a 25% tariff on goods from Mexico and Canada, effective March 4, along with an additional 10% tariff on Chinese imports. Meanwhile, weaker-than-expected U.S. GDP data 2.3% for Q4 and rising jobless claims further bolster the U.S. dollar.
Market participants are awaiting the release of the PCE core price index to assess the Federal Reserve’s potential monetary policy actions and their implications for gold prices.
Resistance levels: 2869, 2877, 2885
Support levels: 2852, 2834
A false break at the 2852 support level could lead to a short-term rebound towards the imbalance zone 2869-2877 or the liquidity zone 2885 before a continuation of the downward trend. Both the fundamental and technical outlook remain weak, suggesting that gold may attempt to test and potentially break through the recent lows.
GOLD - BULLISH STRUCTURE SHAKING - WHAT'S NEXT?Symbol - XAUUSD
CMP - 2910
Gold has transitioned from a locally bullish trend to a neutral, sideways market. Despite this shift, bullish forces continue to defend key support levels. What can we anticipate for the precious metal in the near term?
Investor sentiment has gravitated back toward safe-haven assets amid concerns surrounding President Trump's tariff policies and disappointing U.S. economic data. On Tuesday, gold experienced a pullback from its record high of $2,956 due to profit-taking and a decline in Chinese imports. However, a weaker-than-expected U.S. consumer confidence index facilitated a recovery in gold prices.
The upward movement in gold is currently constrained by a strengthening U.S. dollar and rising bond yields, but ongoing trade war concerns continue to fuel demand for the metal.
Key resistance levels: 2921, 2929, 2942
Key support levels: 2905, 2888
As a result, gold is likely to remain within a sideways trading range. There is potential for a short-term decline to retest support in the 2905-2888 range before resuming upward movement. Alternatively, a breakout above resistance levels could signal further gains.
If the bulls manage to sustain trading above the 2921-2929 zone, the metal could resume its upward trajectory.
GOLD - BREAKDOWN OF RISK ZONE 2880 MAY TRIGGER TREND CHANGESymbol - XAUUSD
Gold is deviating from its recent trend and is now testing the panic and risk zone at 2880 as part of a corrective phase. A retest of this level would increase the likelihood of a potential trend reversal.
The recent loss in gold's upward momentum can be attributed to the uncertainty surrounding President Trump's tariff plans and ongoing economic challenges in the United States. Conflicting statements from the president are providing support for the dollar, while rising bond yields are exerting downward pressure on gold prices.
Market participants are closely monitoring the upcoming US GDP data. Should the results fall short of the forecasted 2.3% there is potential for gold to appreciate. Additionally, speeches from Federal Reserve officials will be crucial, but the key factor remains President Trump's remarks, which could significantly influence market sentiment.
From a technical standpoint, the market structure is currently bearish, suggesting that a continuation of the decline is likely after a brief corrective phase.
Support levels: 2878, 2888
Resistance levels: 2890, 2907
A false breakdown of the aforementioned support levels, following a significant decline, could lead to a correction. Initially, the price may move toward the 0.5 Fibonacci retracement level, and after a brief pullback, the 0.7 Fibonacci level could be tested. However, market participants should closely observe the price action at these levels.
If gold continues its downward movement, attention will be focused on the 2880 level. Conversely, if the price struggles to move lower and begins testing resistance, there is a possibility that, amidst heightened risks, the market could shift back into a growth phase.
GOLD - RETEST OF TREND SUPPORT BEFORE DATA & NEWS FLOWSymbol - XAUUSD
Gold is currently exhibiting a false breakdown of the lower boundary of its consolidation range and the support for its uptrend within the ongoing correction. Traders are awaiting the release of the S&P Global PMI indices in the United States.
The price of gold has retreated from its record high of $2955, yet it still maintains the potential for further upward momentum. The recent decline can be attributed to profit-taking as market participants prepare for the upcoming release of the S&P Global PMI indices in the U.S.
The PMI data may influence market expectations regarding potential interest rate cuts by the Federal Reserve. However, any potential price decline driven by strong PMI results could be short-lived, particularly if President Trump's new tariff proposals reignite demand for safe-haven assets.
Although gold may continue to experience correction, any downward movement is likely to be perceived as a near-term buying opportunity.
Key resistance levels: 2933, 2939, 2946, 2955
Key support levels: 2924, trend support
A false breakdown of the uptrend support is in progress. If the bulls manage to defend the key support area, gold may continue its ascent in the short to medium term. However, the short-term outlook is contingent on upcoming news.
GOLD - BULLS NEED TO EXERCISE CAUTIONSymbol - XAUUSD
CMP - 2916
Gold is currently testing a critical risk zone within its corrective phase, where the market faces a decision point: either the continuation of the prevailing trend or the onset of a deeper correction. Attention is focused on the recently released US CPI data, which exceeded expectations. Markets remain uncertain due to the potential impact of President Trump’s proposed tariffs and the Federal Reserve's policy stance. According to the Wall Street Journal, the administration is preparing to introduce new tariffs, further adding to global economic risks.
US CPI remained significantly above the Federal Reserve's target in January. Mr. Powell has indicated that the Fed is not in a rush to alter its course, leading to heightened expectations of a single rate cut in December, which in turn has supported rising bond yields. Gold is currently trading within a crucial zone, and at levels that suggest it is overbought. In my view, the ongoing rally is nearing its conclusion.
Resistance Levels: 2920, 2928, 2942
Support Levels: 2897, 2880, 2855
A false break below the support level at 2897 would signal continued bullish sentiment and potential aggression in the market. If the bulls maintain price levels above 2920-2928, we may see further rally towards 2942, 2960, and potentially 3000. However, if gold breaks below 2880 and remains beneath this level, liquidation could occur, leading to price declines towards 2855, 2842, and potentially lower levels.
Gold Trading Plan for 13th Feb 2025Gold Trading Levels
🔹 Buy Setup:
Buy Above: The high of the 1-hour candle that closes above 2917
📍 Targets: 2930, 2939, 2950
🔹 Sell Setup:
Sell Below: The low of the 1-hour candle that closes below 2890
📍 Targets: 2878, 2868, 2858
📌 Analysis:
Instead of entering trades immediately at 2917 or 2890, this strategy ensures confirmation by waiting for a full 1-hour candle close above or below these levels.
This approach helps filter out false breakouts and improves trade reliability.
If gold closes above 2917, traders should enter at the high of that closing candle for a potential bullish move.
If gold closes below 2890, traders should enter at the low of that closing candle for a possible bearish move.
📢 Disclaimer:
This trading analysis is for informational purposes only and does not constitute financial advice. Trading in commodities and financial markets involves significant risk, and past performance does not guarantee future results. Always conduct your own research and consult with a professional before making any trading decisions. The author or publisher is not responsible for any financial losses incurred based on this information. 🚨