GOLD MARKET UPDATE – IS THE NEXT LEG DOWN COMING?🔥 GOLD BREAKS DOWN – MORE DOWNSIDE BEFORE A BIG MOVE? 🔥
📌 Market Overview
As anticipated in yesterday’s analysis, Gold has broken down from its long-term sideways range. Based on the current price action, I still expect another leg down toward the 285X zone, before a potential strong rebound. For now, the priority remains on SELL setups as long as the breakdown holds.
👉 Market sentiment is cautious as investors look to take profits and avoid unnecessary risks ahead of key U.S. inflation data.
📊 FUNDAMENTAL FACTORS IMPACTING GOLD
💡 Trump’s Tariff Policies & Market Uncertainty
U.S. President Donald Trump imposed a new 25% tariff on imports from Mexico & Canada on March 4th, along with additional tariffs on Chinese goods.
Just two days later, he partially reversed the decision, suspending tariffs on Mexican imports and certain Canadian products for one month.
This inconsistency in policy is increasing market volatility, making Gold a preferred safe-haven asset.
💡 Investors Holding Back Ahead of U.S. Inflation Reports
Traders are hesitant to take aggressive positions before key U.S. inflation figures are released.
If inflation comes in higher than expected, the USD may strengthen, pushing Gold lower.
If inflation data is weaker, Gold could regain momentum and head towards new ATH levels.
📉 TECHNICAL ANALYSIS – KEY LEVELS TO WATCH
🔹 Major Resistance Levels:
2,905 - 2,912 - 2,919 - 2,927
🔻 Major Support Levels:
2,866 - 2,858 - 2,845 - 2,825
🎯 TRADE SETUPS FOR TODAY
🔵 BUY ZONE: 2,846 - 2,844
📍 SL: 2,840
🎯 TP: 2,850 - 2,854 - 2,858 - 2,862 - 2,866
🔴 SELL ZONE: 2,825 - 2,827
📍 SL: 2,830
🎯 TP: 2,820 - 2,816 - 2,812 - 2,808 - 2,800
⚡️ CONCLUSION
📌 Gold remains in a downtrend after breaking out of its previous range – watch for further downside before a strong bounce.
📌 Investors are cautious ahead of inflation data, and Trump’s tariff policies continue to create market uncertainty.
📌 Stick to TP/SL to protect your capital & avoid unnecessary risks!
💬 What’s your take? Will Gold drop further before rebounding? Let me know in the comments! 🚀🔥
Xauusdsignal
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.
XAU#22: Gold SW for 3 Days! What's Next?🔥 OANDA:XAUUSD has been SW for the past 3 days of the weekend. Today we will look at the next scenario for FOREXCOM:XAUUSD to look for trading opportunities: 🔥
1️⃣ **Fundamental analysis:**
📊Trump's erratic tariff policy increases uncertainty, boosting demand for safe havens.
🔹USD falls sharply to a 4-month low, making gold more attractive to international investors.
🚀India steps up investment in gold, with jewelers and retail investors using gold options for speculation and hedging.
📌Gold remains a safe haven asset, especially amid concerns about India's economic growth and global instability.
2️⃣ **Technical analysis:**
🔹 **D frame**: 3 consecutive SW days, however, it can be seen that the upward trend of gold has not changed. The SW price zone is also quite high compared to the most recent bottom, indicating an upward prospect for gold
🔹 **H4 frame**: The temporary bullish price structure was broken and there was a strong reaction at the most recent peak area with a previous pinbar.
🔹 **H1 frame**: In the H1 frame, we can see the hesitation more clearly. Although the previous price continuously set higher bottoms, the upward momentum is weakening. If the price breaks through 2905. There is a high possibility that we will see a correction to the lower support zone
3️⃣ **Trading plan:*
⛔The current area is no longer safe to establish a BUY position. We will wait for a clearer opportunity in the lower support zone
✅ The current priority is to look for a SELL position. The expected scenario is that if the price breaks through 2905, we can completely establish a position.
💪 **Wishing you successful trading!**
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)
GOLD AWAITS NONFARM – BREAKOUT OR RETRACEMENT?GOLD AWAITS NONFARM DATA ON 07/03 – WILL IT HIT A NEW ATH OR CONTINUE ITS RETRACEMENT?
📌 Market Overview
The global financial markets are on high alert as all eyes turn to the Nonfarm Payrolls (NFP) report – the most anticipated economic data of the month.
🔥 Geopolitical Tensions & Their Impact on Gold & USD (DXY):
US tariff policies against neighboring countries and China continue to fuel uncertainty.
DXY remains highly volatile, directly influencing Gold’s price movements.
Investors worldwide are waiting for NFP results to determine whether Gold will break to new all-time highs (ATH) or undergo another correction.
⚡ Expected Price Volatility:
Currently, Gold is trading sideways within a broad range of 2929 - 2892, holding this structure since the start of the week. Based on previous Nonfarm releases, Gold is expected to move 45 - 50 points today, possibly even 60 points! This presents high-profit potential for traders ready to react to a breakout.
📊 Key Support & Resistance Levels – Watch for the Breakout!
🔺 Key Resistance: 2920 - 2928 - 2943 - 2954
🔻 Key Support: 2892 - 2884 - 2872 - 2859 - 2838
🚀 Today's Game Plan:
Gold is still consolidating sideways, with no clear breakout yet.
Wait for a breakout confirmation, then follow the momentum.
I will update fresh insights right before the Nonfarm release for a more precise strategy.
🎯 Trading Strategy for the Day
🟢 BUY ZONE: 2874 - 2872
❌ SL: 2868
🎯 TP: 2878 - 2882 - 2886 - 2890 - 2895 - 2900
🔴 SELL ZONE: 2952 - 2954
❌ SL: 2958
🎯 TP: 2948 - 2944 - 2940 - 2935 - 2930
📌 Important Reminders
💥 Nonfarm will trigger extreme volatility today – expect strong liquidity grabs!
✔ Stick to TP/SL to protect your capital against unexpected market swings.
✔ Wait for the breakout confirmation before entering trades – avoid FOMO!
✔ Control emotions & manage risk carefully – today’s market could be a game-changer!
📢 Are you ready for today’s market action? Stay updated and execute your trades with precision! 🚀🔥
GOLD SURGES STRONGLY – IS THE SELL SIDE TAKING CONTROL? Yesterday, Gold surged nearly 50 points, climbing from 288x to 2927.x, hitting the key resistance zone that I had previously noted. Immediately after, Gold made a sharp correction, signaling that the Sell side is regaining control in today’s session.
📌 Looking at the D1 timeframe, Gold still shows strong bullish momentum but has reached a critical continuation zone (IP – Important Price), where it has been reacting since yesterday. Today, we anticipate a potential reversal with strong selling pressure, making early SELL entries a solid strategy.
🚨 Key resistance to watch: 2933 – If the price breaks above this level, the BUY side will regain strength, and the SELL plan will be canceled. I will update a new strategy accordingly.
⏳ Trading strategy for today:
🔹 Focus on SELL opportunities in the Asian & European sessions.
🔹 Wait for confirmation in the U.S. session before adjusting the approach.
⚡️ KEY PRICE LEVELS TODAY
📌 Resistance: 2916 - 2927 - 2933 - 2945 - 2954
📌 Support: 2890 - 2886 - 2880 - 2875 - 2860
💎 TRADE SETUPS FOR TODAY
🔹 BUY ZONE: 2876 - 2874
SL: 2870
TP: 2880 - 2884 - 2888 - 2894 - 2900
🔹SELL SCALP: 2926 - 2928
SL: 2932
TP: 2922 - 2918 - 2914 - 2910 - 2900
🔹SELL ZONE: 2945 - 2947
SL: 2950
TP: 2940 - 2936 - 2932 - 2928 - 2920
🚨 IMPORTANT NOTICE
📊 Today's focus will be on the ADP NONFARM report – This key data will provide insights into the U.S. economy ahead of Friday's Nonfarm Payrolls (NFP).
📢 Traders should be extra cautious and strictly adhere to TP/SL rules to protect their accounts from potential volatility.
💰 Wishing everyone a profitable trading session – GOOD LUCK! 🚀🔥
GOLD MAINTAINS UPSIDE MOMENTUM AFTER ADP NONFARM DATA RELEASE🔺 Market Overview:
Gold continues to maintain its bullish momentum, having reclaimed key resistance levels after the ADP Nonfarm report was released yesterday. Despite recent U.S. economic data and the uncertainty surrounding tariff policies, the USD has weakened following a brief recovery over the weekend.
🔺 Current Outlook for Gold:
Given the economic news and the candle strength on the chart, I’m still looking for BUY opportunities in Gold. During the Asian and European sessions, we can anticipate BUY setups early, as Gold could reach the key resistance zones, offering good SELL scalping opportunities just like we saw yesterday at the 2928 - 2926 zone, which resulted in a 150-pip profit.
📊 Market Range Today:
The price range today may be sideways as we await important Nonfarm data tomorrow. Pay close attention to the support and resistance levels.
🔸 KEY SUPPORT & RESISTANCE LEVELS
🔺 Resistance Levels:
2928 – 2942 – 2954
🔻 Support Levels:
2904 – 2894 – 2886 – 2874
⌛ TRADING ZONE FOR TODAY
🟢 BUY ZONE:
Entry: 2886 - 2884
Stop Loss (SL): 2880
Take Profit (TP): 2890 - 2894 - 2898 - 2905
🔴 SELL SCALP:
Entry: 2942 - 2944
Stop Loss (SL): 2948
Take Profit (TP): 2938 - 2934 - 2930 - 2925 - 2920
🔴 SELL ZONE:
Entry: 2954 - 2956
Stop Loss (SL): 2960
Take Profit (TP): 2950 - 2946 - 2942 - 2938 - 2934 - 2930
📌 Final Thoughts & Trading Tips:
Key Levels: The key levels have been noted above. Pay attention to the critical support and resistance zones.
Stay Focused: Today, the market is likely to be in a sideways range, so be patient and wait for confirmation before executing trades.
Nonfarm Data: Keep an eye on important Nonfarm data tomorrow. This could trigger significant price movements.
💡 Reminder: Always follow your TP/SL levels to ensure safe trading and protect your capital. Trade with caution and stay disciplined!
XAU#21: Gold is soaring. Will it break the top and trading plan💎 💎 💎 The "bulls" are back as analyzed in the previous article. The price OANDA:XAUUSD has passed the trendline and there is no sign of stopping. Let's plan the next trading FOREXCOM:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊Warning of short-term inflation shock: The market is pricing in the US CPI to remain around 3% for the next 7 months, reflecting a sudden increase in inflation. The 25% tax on imports from Canada and Mexico could increase consumer costs, putting pressure on inflation.
🚀Unstable context: US tariffs, war in Ukraine, inflationary pressure ... are causing concerns about an economic recession. This has pushed the gold price up again in the past 2 days.
2️⃣ **Technical analysis:**
🔹 **D frame**: The bullish price structure is still continuing, however, in my personal opinion, this increase is not sustainable.
🔹 **H4 frame**: The key down zone was broken last week and the price has returned to the resistance zone. The price reaction in this area is currently not positive. The bulls are still dominating as the previous H4 was a long-bodied candle.
🔹 **H1 frame**: The current price structure is bullish and there are no signs of a reversal.
3️⃣ **Trading plan:*
⛔ Although the price is in the resistance zone, the price reaction is weak enough to set up a SELL order. Currently, the fundamental information and short-term price structure are supporting the bulls. However, it should be noted that if the price increases continuously without recovering and breaks the peak once again, we will likely have a correction phase.
✅ BUY positions in the lower area can completely wait for better profits. In addition, when the price finds the support zones below, we can completely wait for the opportunity to establish the next position when the price structure appears in the smaller time frame. Note that
💪 **Wishing you success in achieving profits!**
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.
XAU#18: Latest Update: Gold Price Continues Its Upward Journey?💎 💎 💎 OANDA:XAUUSD once again surpassed a new peak. However, there was a slight correction yesterday. So let's analyze whether OANDA:XAUUSD will continue to set a new peak today: 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊Gold exports from Singapore to the US increased dramatically. Gold futures prices on the New York COMEX floor are higher than physical gold prices in London, promoting the flow of gold from other markets into the US to benefit from this difference.
🔴Fed meeting minutes | No rush to cut interest rates, consider slowing down or pausing the balance sheet reduction. Interest rate policy: The Fed kept interest rates unchanged (4.25%-4.50%) and has no plans to cut interest rates soon. The first cut is expected in July or later.
🚀 There is a turning point in the ceasefire between Russia and Ukraine, and investors are betting ahead! Investors are positioning for an early end to the Russia-Ukraine conflict after US President Donald Trump and Russian President Vladimir Putin discussed the issue.
📌Overall, we can see that the fundamentals are not supporting the gold price increase. However, the gold price increase is still coming from the uncertainty about US tariff policies and concerns about the weakening economy.
2️⃣ **Technical analysis:**
🔹 **D frame**: the previous day's increase is currently a bit hesitant like yesterday's candle. However, gold is still in a strong uptrend.
🔹 **H4 frame**: the bullish price structure is too clear. We had a slight correction at the end of yesterday but recovered immediately afterwards, showing that market sentiment is still very optimistic about the prospect of gold's increase.
🔹 **H1 frame**: Looking at the chart, everyone can see that H1 is temporarily in a decreasing channel. However, the decreasing structure has not been confirmed. The price can still accumulate and bounce to break the peak at any time
3️⃣ **Trading plan:*
⛔ The current price structure is still supporting the bulls, but we also need to pay attention to important information at this time about the Russia-Ukraine war. If there is official information about the ceasefire agreement, it will cause gold prices to decrease.
✅ Prioritize BUY following the main trend. The target of the 3000 area from previous articles analyzed is very close. You can refer to the plan in the H1 frame to set up a position
💪 **Wish you successful trading!**
XAUUSD: Analysis from Wyckoff's perspective!Currently, TPO is still in an uptrend. After reading briefly about the Wyckoff structure, it is predicted that there will still be a strong increase towards the 2946 area because when the price line touches 2946, it is a new ETH GOLD (ending 5 waves 12345 Elliot). After touching 2946 to form a UTAD, GOLD will create a new correction wave.
XAU#15:Gold Price Hits Record High–How to Profit From This Trend💎 💎 💎 So gold has hit 2900 and beyond. Prices continue to rise. Let's plan the next trade OANDA:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
——————————————————————————————————————————
⚫US President Donald Trump's new tariff plan has raised concerns about a trade war, causing investors to flock to safe-haven assets. Gold prices rose to a record $2,900/ounce, while silver prices also surpassed $32/ounce.
⚫Trump announced a 25% tariff on imported steel and aluminum, and announced reciprocal tariffs on all countries.
⚫This has increased trade tensions and pushed gold prices higher. Analysts say gold still has room to rise amid economic uncertainty and Trump's unpredictable trade policies.
⚫Global gold demand, especially from China, has also supported gold prices. China increased its gold reserves for the third consecutive month and allowed insurance companies to invest in gold, which could free up billions of dollars in funds.
⚫ However, a sharp rise in FOREXCOM:XAUUSD prices could make it more expensive for investors
⚫While gold is a safe haven, high interest rates could reduce its appeal. The Federal Reserve remains cautious on monetary policy due to high inflation and the uncertain impact of Trump's tax policies on the economy.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday closed with a large candle. This appeared at the historical peak, so it is easy to understand why today's opening session we witnessed such strong fluctuations in gold
🔹 **H4 Frame**: The price structure has not changed. The uptrend is still continuing. Although the price is considered too high, the price line still reflects the absolute dominance of the bulls
🔹 **H1 Frame**: The price line has reached the top of the expanded price channel and has reacted. There is a high possibility that there will be a correction to a lower price zone
3️⃣ **Trading plan:**
⛔ The conflict in basic information data over the weekend is clearly reflected in the price line. At the moment, we should wait for price reactions at important support areas to establish positions.
✅ Looking at the price line, the old peak area has been rejected and there is a high possibility that we will have a slight correction to gain momentum to move to a higher price zone. The end of the W candle shows that the uptrend of Gold has not shown any signs of ending. Prioritize trading in line with the main trend.
💪🚀 **Wishing you successful trading!**
Gold Next Target 3000$ ?Key points: fundamental
⚡Trump raises tariffs on steel and aluminum imports
⚡Bullion hits record high of $2,942.70 per ounce
⚡Gold bulls lock in $3,000/oz milestone in sight
📊 Market Overview:
Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark .
✅ Trend Analysis:
The overall trend remains bullish, with price following an ascending trendline (dashed).
Strong buying momentum is visible, as price has made higher highs and higher lows.
Final Thoughts:
🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline.
📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move.
📢 Keep an eye on key economic events (seen on chart) that may impact volatility!
Would you like me to suggest entry/exit points based on your strategy? 🎯
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
XAU#10: Gold hits record high. What should traders do? 💎 💎 💎 Plan #9 first helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So OANDA:XAUUSD FOREXCOM:XAUUSD has broken the peak as predicted in analysis #9. Now let's plan the next step:🔥
1️⃣ **Fundamental analysis:**
📊US consumer price inflation accelerated late last year, supporting the Fed's decision to pause interest rate cuts
🔴 Trump announced that he would impose 25% tariffs on Canada and Mexico, "Trade war" begins again
🔴Trump threatened that tariffs will take effect on February 1! Affected by Trump's tariff policy, the market's risk-off sentiment has increased significantly, which may continue to support gold prices.
2️⃣ **Technical analysis:**
🔹 **Frame D**: The historical peak has officially been broken. The end of the weekend trading day is a Shooting Star candle. Is this a warning from the price line? Let's analyze more carefully in the trading plan.
🔹 **Frame H4**: The price is still trading above the support area. The bullish price structure is still intact
🔹 **H1 frame**: Looking at H1, we can see that although the price adjusted from 2816 to 2798 at the end of the trading session, the bullish price structure is still intact, the 2798 area is not a strong support area but there is still a reaction showing that the market sentiment is supporting the bulls
3️⃣ **Trading plan:**
⛔ Although the closing candle D is a candle that signals a reversal, what we need to pay attention to is that all frames are showing an upward structure. The closing price on the last day of the week at the end of the month, profit taking leading to a price decrease is normal. If there is really a sign of that, we will see a warning from the price model.
✅ Based on the basic information and price line, we can completely wait for the price to return to the support zone below to continue trading in accordance with the main trend. In my personal opinion and trading habits, I extremely limit trading against the trend, so I do not plan for a SELL position at this time
💪🚀 **Wish you successful trading!**
📌 If you have any questions, please contact me directly. I am ready to answer them for free
What Next in Gold After Fed Interest rate
💡 Key Observations
1. Ranging Market (15-Minute Timeframe):
o The price is consolidating within a tight range near $2762, showing indecision in the
market. This is a typical behavior before a breakout or breakdown.
2. Order Blocks (OB):
o OB on 1H: The $2771-$2772 zone is still acting as a strong resistance. Multiple price
rejections confirm this as a supply zone.
o OB on 30M: A minor order block is visible near $2760-$2762, suggesting short-term demand
in this area.
3. Trendline Support:
o The upward red trendline continues to act as dynamic support. Price is respecting this
trendline, maintaining a bullish structure for now.
4. Demand Zone at POI Level:
o The $2745-$2742 zone remains a critical support area. If the price retraces, this zone is
likely to attract buyers.
5. Fed Interest Rate Impact:
o The Fed's decision to keep interest rates unchanged at 4.5% has added to the ranging
behavior as traders await clearer cues.
6. Overall Trend:
o The broader structure is still bullish, supported by the 200 EMA (blue line) and the
ascending trendline. However, the price is struggling to gain momentum near
the resistance.
________________________________________
💡Key Levels
• Resistance Levels:
o $2771-$2772 (Major Resistance): Watch for a breakout here for further bullish momentum.
o $2790 (All-Time High): If $2772 is cleared, this is the next target.
• Support Levels:
o $2760-$2762 (30-Minute Order Block): Short-term support zone within the range.
o $2745-$2742 (POI Level): Strong demand zone and key level to hold for bullish
continuation.
________________________________________
📊 Market Outlook
1. Bullish Case:
o A breakout above $2772 with strong volume could push the price toward the all-time high
of $2790.
o The bullish trendline and 200 EMA provide strong support for this scenario.
2. Bearish Case:
o A breakdown below the trendline and the $2745-$2742 demand zone could lead to a deeper correction, potentially targeting the $2730 level or lower.
________________________________________
💡Trading Strategy Suggestions
1. For Buyers:
o Enter long positions near the $2745-$2742 demand zone or on a breakout above $2772,
targeting $2790.
o Keep a tight stop-loss below the trendline or $2740 to limit risk.
2. For Sellers:
o Consider short positions near the $2772 resistance if the price continues to reject this
level, targeting $2760 or lower.
o A break below the trendline could also signal a shorting opportunity, aiming for $2730.
________________________________________
⚠️Conclusion
Gold is in a consolidation phase near the $2762 level, with a strong resistance zone at $2771-$2772. While the overall structure remains bullish, a breakout or breakdown from the range will determine the next move. Keep an eye on key support and resistance levels, along with market news or economic triggers, for clearer direction.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
XAU#9: FED keeps interest rates unchanged. Information supportin💎 💎 💎 The previous plan helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So Gold has returned to the support zone of 2745 and reacted strongly as the previous plan. Here's our next trading plan 🔥
1️⃣ **Fundamental analysis:**
📊 🔴Market speculation that US may impose import tariffs on gold
London gold market participants are racing to borrow central bank gold stored in London as gold deliveries to the US surge on speculation that the US may impose import tariffs
🚀 🔴Fed keeps rates unchanged, drops mention of inflation "progress" in policy statement
2️⃣ **Technical analysis:**
🔹 **D frame:** yesterday closed as a Hanging Man candle. However, the price action after this candle still needs market confirmation in today's trading session
🔹 **H4 frame:** The support zone of 2745 is playing an important role. The price is still in an upward structure.
🔹 **H1 frame:** The trendline zone that matches the support of 2745 is showing a strong reaction after the interest rate announcement. If the price can break through the resistance zone above, Gold will have enough momentum to break through the old peak
3️⃣ **Trading plan:**
⛔ In the current area, it will be risky if we take a SELL position here. Although it is also a resistance zone, H4 has a hugging candlestick pattern with an increasing structure. If H4 closes at 2752, we will consider this option later
✅If anyone has an order in the 2745 area, Congratulations!!! You can wait for a higher profit. If not, you can choose to react to test the trendline again on the H1 frame for confirmation. We will wait for a price structure on a small time frame like m15 to establish a position.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
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Gold has entered a range-trading💡 Fundamental Effect :
- Gold has entered a range-trading phase as it factors in the potential impacts of the Federal Reserve meeting, possible interest rate cuts, and a correction in equity markets following news about Chinese AI model DeepSeek, according to Norman.
- On Monday, a sell-off in technology stocks triggered by DeepSeek news led investors to liquidate bullion to offset losses.
- With the Fed's first policy meeting of the year concluding today, investors are closely watching for signals about the direction of interest rates and insights from Chair Jerome Powell's speech.
- Trump has urged for lower interest rates, which conflicts with the Federal Reserve’s independent authority to set interest rate policies.
- Meanwhile, Trump remains committed to imposing tariffs on Canada and Mexico, following through on his earlier promises.
- These policies are considered inflationary, which may compel the Federal Reserve to maintain higher interest rates to counter rising price pressures.
💡 Summary
-Price is currently consolidating near $2757 with resistance at $2771-$2772.
-A break above $2772 could lead to further upside momentum.
-A break below the 200 EMA at $2756 might lead to a test of $2744.59,
signaling bearish continuation.
Main Analysis-