GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bullish above $3,015, with resistance at $3,033 and $3,053 in focus.
- 50 EMA at $3,019 provides near-term support and confirms trend direction.
- Break below $3,000 may trigger selling toward $2,982 and $2,966.
Gold (XAU/USD) is trading at $3,024.43, showing marginal gains of +0.02%, as the market holds steady above its key pivot point at $3,014.07.
The broader structure remains constructive, with price action supported by the 50-period EMA at $3,019.71, which continues to act as a dynamic support level on the 4-hour chart.
Immediate resistance lies at $3,033.81, and a clean break above this level would open the path toward $3,053.86, followed by the higher resistance at $3,071.37.
These levels align with previous swing highs, making them critical zones to monitor for potential bullish continuation.
On the downside, $3,000.06 serves as the immediate support level, followed by deeper cushions at $2,982.18 and $2,966.96, where the price could stabilize if momentum shifts lower.
Technically, the price remains above the 50 EMA, reinforcing short-term strength. Momentum indicators are neutral, suggesting consolidation before a potential breakout.
The trendline structure remains intact, and as long as gold maintains price action above $3,015, buying interest is expected to dominate.
The near-term strategy favors a buy-above-$3,015 approach, with an initial target at $3,035 and a protective stop just below the support line at $3,005.
A move below this would invalidate the bullish setup and increase the probability of a pullback toward the $2,980 zone.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3015
Take Profit – 3035
Stop Loss – 3005
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$2000/ -$1000
Profit & Loss Per Mini Lot = +$200/ -$100
GOLD Price Analysis – March 26, 2025
Daily Price Outlook
Gold prices are finding it tough to hold recent gains, with XAU/USD hovering just above the crucial $3,000 mark on Wednesday.
Investors remain on edge as mixed economic signals and shifting Federal Reserve expectations create uncertainty in the market.
While expectations of Fed rate cuts continue to provide support, a modest rebound in the U.S. dollar and upbeat sentiment in equity markets are limiting gold’s upward trend.
Traders are now watching key U.S. economic data releases, including Durable Goods Orders and speeches from Fed officials, which could sway sentiment around both the dollar and gold.
Mixed Economic Signals Keep Investors on Edge
The U.S. dollar has gained traction after hitting a three-week low, fueled by investor caution ahead of upcoming economic reports.
However, Tuesday’s Consumer Confidence Index painted a gloomy picture, dropping to 92.9—the lowest in four years.
In the meantime, the Expectations Index, which reflects consumer outlook, fell to a 12-year low of 65.2, often seen as a sign of a potential recession.
Despite this, the Fed remains cautious. Governor Adriana Kugler pushed back against aggressive rate cuts, arguing that inflation risks still linger.
However, markets are pricing in rate cuts as early as June, with additional easing expected in July and October. With the Fed lowering its growth outlook, gold traders are closely watching whether incoming data will reinforce the case for a looser monetary policy.
Trade Tensions and Geopolitical Uncertainty Weigh on Sentiment
On the other hand, the former President Donald Trump’s proposed tariff plans for April 2 are making investors nervous. His administration is reportedly considering reciprocal tariffs on 15 major trading partners, which could reignite global trade tensions.
Meanwhile, Trump’s secondary sanctions on Venezuela are adding further complications to the geopolitical landscape.
On a positive note, U.S.-mediated negotiations have led to a temporary halt in military strikes between Russia and Ukraine in the Black Sea and energy infrastructure.
Meanwhile, China’s latest stimulus measures are boosting domestic consumption, fueling optimism in global markets. However, this renewed risk appetite is dampening gold’s safe-haven appeal in the short term.
What’s Next? Key Data to Watch
Moving ahead, traders now have their eyes on Wednesday’s U.S. Durable Goods Orders report, followed by the highly anticipated Personal Consumption Expenditures (PCE) Price Index on Friday—the Fed’s preferred inflation gauge.
If inflation shows further signs of softening, it could reinforce expectations for aggressive rate cuts, providing a tailwind for gold prices.
However, any surprises to the upside in inflation data could strengthen the dollar and pressure gold lower.
For now, gold is struggling to stay above $3,000 as traders deal with mixed economic signals, changing Fed policies, and global uncertainties.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $3,024.43, showing marginal gains of +0.02%, as the market holds steady above its key pivot point at $3,014.07.
The broader structure remains constructive, with price action supported by the 50-period EMA at $3,019.71, which continues to act as a dynamic support level on the 4-hour chart.
Immediate resistance lies at $3,033.81, and a clean break above this level would open the path toward $3,053.86, followed by the higher resistance at $3,071.37.
These levels align with previous swing highs, making them critical zones to monitor for potential bullish continuation.
On the downside, $3,000.06 serves as the immediate support level, followed by deeper cushions at $2,982.18 and $2,966.96, where the price could stabilize if momentum shifts lower.
Technically, the price remains above the 50 EMA, reinforcing short-term strength. Momentum indicators are neutral, suggesting consolidation before a potential breakout.
The trendline structure remains intact, and as long as gold maintains price action above $3,015, buying interest is expected to dominate.
The near-term strategy favors a buy-above-$3,015 approach, with an initial target at $3,035 and a protective stop just below the support line at $3,005.
A move below this would invalidate the bullish setup and increase the probability of a pullback toward the $2,980 zone.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bullish above $3,014 pivot, eyeing $3,033 and $3,053 resistance levels.
- 50-day EMA at $3,030.25 serves as near-term barrier to upside continuation.
- A drop below $3,000 could trigger a shift toward $2,982 or lower support levels.
Gold (XAU/USD) is trading slightly higher at $3,017.54, up just 0.01% in early Tuesday trade, as investors weigh conflicting macroeconomic cues and await fresh catalysts.
On the 4-hour chart, the metal is holding above its key pivot point at $3,014.07—a level that has provided a short-term technical base for bulls.
Price action remains range-bound, but constructive, especially as gold trades above immediate support at $3,000.06 and below the nearby resistance at $3,033.81.
The broader structure shows gold finding support along the rising channel, and though momentum has cooled, the technical picture suggests buyers are still in control—at least for now.
The 50-day EMA, currently at $3,030.25, is acting as dynamic resistance, capping recent upside attempts. A clean break above this level would likely trigger a move toward the next resistance at $3,053.86, with $3,071.37 a possible near-term ceiling.
On the downside, a decisive drop below $3,000.06 could open the door to a deeper pullback toward $2,982.18 and potentially $2,966.96.
That said, any break below $2,999 could negate the current bullish bias and shift sentiment in favor of sellers.
With gold holding just above its pivot and technical structure remaining intact, traders will be closely watching for a breakout above the $3,033–$3,035 zone to confirm the next leg higher. Until then, price is likely to consolidate between $3,000 and $3,033.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Bullish Above 3014
Take Profit – 3046
Stop Loss – 2999
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$3200/ -$1500
Profit & Loss Per Mini Lot = +$320/ -$150
GOLD Price Analysis – March 25, 2025
Daily Price Outlook
Gold (XAU/USD) is steady near $3,025 on Tuesday as traders react to US President Donald Trump's new tariff policies.
He has imposed a 25% “secondary tariff” on all imports from countries buying oil from Venezuela, affecting major economies like China and India. This move has added economic uncertainty, increasing demand for gold as a safe-haven asset.
Gold Prices Strengthen as Trade Tensions and ETF Inflows Increase Demand
On Monday, Trump said the US would ease reciprocal tariffs for countries that meet its reshoring demands.
At the same time, he announced new tariffs on cars, aluminum, and pharmaceuticals, with possible levies on lumber and semiconductor chips.
These trade policies have raised concerns about global economic stability, increasing uncertainty in financial markets.
On the other hand, a recent trend shows more investors are putting money into bullion-backed Exchange-Traded Funds (ETFs) as economic uncertainties grow.
This shift towards gold could provide more support for its price as we approach the second quarter of 2025. According to Bloomberg, the increased interest in gold ETFs reflects growing confidence in gold’s long-term strength amid ongoing geopolitical and economic challenges.
Therefore, the uncertainty from new trade policies and the growing interest in gold-backed ETFs could increase demand for gold as a safe-haven asset, potentially boosting its price heading into 2025.
Gold Remains Strong Amid Trade Tensions and Tariff Uncertainties
Meanwhile, the new proposal from the Trump administration to impose tariffs on Chinese-made ships entering US ports has caused concern in the agriculture sector. US farmers worry that rising costs could hurt exports of wheat, corn, and soybeans, adding more economic pressure.
Looking ahead, gold remains strong above the $3,000 mark, as trade tensions and tariff uncertainties make it more appealing as a safe-haven asset.
The market will closely watch developments in US-China trade relations and Trump’s changing tariff policies. If economic instability continues, gold could rise further, supported by strong ETF investments and growing geopolitical risks.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading slightly higher at $3,017.54, up just 0.01% in early Tuesday trade, as investors weigh conflicting macroeconomic cues and await fresh catalysts.
On the 4-hour chart, the metal is holding above its key pivot point at $3,014.07—a level that has provided a short-term technical base for bulls.
Price action remains range-bound, but constructive, especially as gold trades above immediate support at $3,000.06 and below the nearby resistance at $3,033.81.
The broader structure shows gold finding support along the rising channel, and though momentum has cooled, the technical picture suggests buyers are still in control—at least for now.
The 50-day EMA, currently at $3,030.25, is acting as dynamic resistance, capping recent upside attempts. A clean break above this level would likely trigger a move toward the next resistance at $3,053.86, with $3,071.37 a possible near-term ceiling.
On the downside, a decisive drop below $3,000.06 could open the door to a deeper pullback toward $2,982.18 and potentially $2,966.96.
That said, any break below $2,999 could negate the current bullish bias and shift sentiment in favor of sellers.
With gold holding just above its pivot and technical structure remaining intact, traders will be closely watching for a breakout above the $3,033–$3,035 zone to confirm the next leg higher. Until then, price is likely to consolidate between $3,000 and $3,033. (edited)
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold holds above key pivot at $3,014; bullish momentum intact above $3,033.
- Immediate resistance sits at $3,033.81; support forms at $3,000.06.
- Entry strategy: Buy above $3,014; target $3,046; stop loss at $2,999.
Gold (XAU/USD) is trading slightly lower at $3,023.95, down 0.04% on the day, as investors digest shifting interest rate expectations and geopolitical headlines.
The metal is consolidating within a well-defined range, holding just above its key pivot point at $3,014.07. This zone is critical for near-term direction, as a sustained break above this level could reinforce the bullish case.
The 50-day Exponential Moving Average (EMA), currently at $3,033.70, acts as immediate dynamic resistance.
A break above this EMA would open the door for a retest of the first resistance at $3,033.81, followed by $3,053.86 and the upper barrier at $3,071.37. These levels align with recent swing highs and represent important technical hurdles for buyers.
On the downside, gold is finding initial support at $3,000.06. A break below this figure could trigger a deeper pullback toward $2,982.18 and $2,966.96, the latter coinciding with the lower boundary of the current ascending channel.
Despite today’s marginal decline, gold’s broader structure remains intact as long as price holds above the $3,000 psychological level.
Traders are watching closely for confirmation of direction, especially ahead of key U.S. economic data releases later this week.
A decisive move above $3,033 could spark bullish momentum toward $3,046—close to the short-term take-profit zone. Conversely, a breach below $2,999 would likely invalidate the current bullish setup.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Bullish Above 3014
Take Profit – 3046
Stop Loss – 2999
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$3200/ -$1500
Profit & Loss Per Mini Lot = +$320/ -$150
GOLD Price Analysis – March 24, 2025
Daily Price Outlook
Gold (XAU/USD) managed to stop its downward trend and gained momentum above the $3,030 level. However, this upward movement could be short-lived due to improved market sentiment following news about changes in US trade policy.
The Trump administration is considering easing the broad tariffs imposed on April 2 and shifting to more targeted tariffs focused on specific sectors or regions.
This shift has reduced market concerns about the possibility of widespread retaliatory tariffs, which could hurt the global economy.
While the goal of these tariffs is to bring manufacturing back to the US, experts believe that much higher tariffs, along with government subsidies, would be needed to truly reshuffle global supply chains.
Therefore, the potential easing of broad tariffs and shift to targeted tariffs could reduce market uncertainty, weakening gold's safe-haven appeal and potentially halting its upward momentum in the short term.
US Dollar Pulls Back Amid Economic Concerns and Fed Tightening Signals
On the US front, the broad-based US dollar edged lower, pulling back from its three-day winning streak and trading around 104.00.
This decline comes amid increasing concerns about a potential slowdown in the US economy, partly due to President Trump's trade policies.
However, the Greenback had briefly strengthened after hawkish comments from Federal Reserve Chair Jerome Powell last week, where he mentioned that while the labor market is strong and inflation is moving closer to the Fed's 2% target, it remains above desired levels.
This suggests that the Fed might continue tightening its monetary policy. However, overall market sentiment remains cautious.
Gold Gains Appeal Amid US Dollar Weakness and Rising Global Risks
Despite the weakness of the US dollar, gold remains a popular safe-haven asset as global economic and geopolitical risks increase.
Traders are paying close attention to the potential effects of new tariffs, changes in trade policies, and ongoing tensions with China.
This market uncertainty, along with growing demand for gold, has made the precious metal even more attractive.
At the same time, Chinese metals producer Zijin Mining Group reported record profits, thanks to rising gold and copper prices.
The company also highlighted growing global economic risks, reinforcing the idea that investors are turning to gold amid rising market uncertainty.
Despite the challenges ahead, gold’s performance will likely be influenced by the results of US trade policies and upcoming economic data.
The March US S&P Global Manufacturing PMI could offer insights into the US economy’s health, which may affect investor sentiment towards gold.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading slightly lower at $3,023.95, down 0.04% on the day, as investors digest shifting interest rate expectations and geopolitical headlines.
The metal is consolidating within a well-defined range, holding just above its key pivot point at $3,014.07. This zone is critical for near-term direction, as a sustained break above this level could reinforce the bullish case.
The 50-day Exponential Moving Average (EMA), currently at $3,033.70, acts as immediate dynamic resistance.
A break above this EMA would open the door for a retest of the first resistance at $3,033.81, followed by $3,053.86 and the upper barrier at $3,071.37. These levels align with recent swing highs and represent important technical hurdles for buyers.
On the downside, gold is finding initial support at $3,000.06. A break below this figure could trigger a deeper pullback toward $2,982.18 and $2,966.96, the latter coinciding with the lower boundary of the current ascending channel.
Despite today’s marginal decline, gold’s broader structure remains intact as long as price holds above the $3,000 psychological level.
Traders are watching closely for confirmation of direction, especially ahead of key U.S. economic data releases later this week.
A decisive move above $3,033 could spark bullish momentum toward $3,046—close to the short-term take-profit zone. Conversely, a breach below $2,999 would likely invalidate the current bullish setup.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Bullish bias remains intact above the 50-day EMA ($3,027.11), with targets at $3,057.40 and $3,068.71.
- Support at $3,006.31 is critical—a break below could push gold toward $2,993.42 and $2,979.20.
- Entry Price: Buy above $3,022, with a take profit target of $3,050 and stop loss at $3,010.
Gold (XAU/USD) is trading at $3,033.97, showing marginal gains of 0.03% as it consolidates above the key 50-day EMA at $3,027.11.
The market is balancing between a bullish continuation and a potential retracement, with $3,051.45 acting as the pivot point for today’s session.
Despite a recent pullback, gold remains in an upward trend, finding strong support near $3,006.31.
If prices hold above this level, the next bullish targets are $3,057.40, followed by $3,068.71 and $3,078.95, where profit-taking could emerge.
A sustained move above $3,051.45 would confirm bullish momentum, paving the way for further gains.
Conversely, failure to hold above $3,027 may lead to a test of the $3,006.31 support level, with extended downside risk toward $2,993.42 and $2,979.20.
The 50-day EMA remains a key short-term indicator, keeping the bias slightly bullish unless breached.
However, traders should watch for profit-taking near $3,050, especially if the dollar strengthens. A break below $3,006 would shift sentiment bearish, signaling deeper correction levels.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3022
Take Profit – 3050
Stop Loss – 3010
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$2800/ -$1200
Profit & Loss Per Mini Lot = +$280/ -$120
GOLD Price Analysis – March 21, 2025
Daily Price Outlook
Gold (XAU/USD) fell slightly during the European session on Friday after hitting a record high the day before.
However, the decline was mainly due to the bullish US dollar, which gaining strength for the third straight session, staying near its weekly high.
Moreover, some traders took profits before the weekend, leading to a pullback after gold’s strong rally.
However, the downside seems limited, as investors remain cautious about the Federal Reserve’s (Fed) future monetary policy direction. Market participants widely anticipate that the Fed will begin cutting interest rates this year, capping further gains for the dollar and offering support to gold price.
Geopolitical Tensions Boost Gold’s Safe-Haven Demand
On the geopolitical front, the ongoing conflicts continue to strengthen gold’s safe-haven appeal as tensions remain high in the Middle East.
Meanwhile, the Russia-Ukraine war is also not showing any sign of slowing down. Notably, Ukraine recently launched a drone attack on Russia’s Engels airbase, prompting Moscow to respond with 171 drone strikes.
These developments have increased investor concerns about economic instability. Meanwhile, Russian and US officials are scheduled to meet in Saudi Arabia to discuss the Ukraine conflict, adding more uncertainty to the global situation.
On the other side, tensions in the Middle East escalated as Israel resumed airstrikes on Gaza, breaking a previously held ceasefire with Hamas.
The retaliatory rocket attacks from Hamas, though not causing casualties, have further fueled market uncertainty. These ongoing risks continue to bolster gold’s position as a safe-haven asset.
Fed Rate Cut Expectations and Geopolitical Risks Support Gold
Despite the bullish bias in US dollar, the ongoing expectations of Federal Reserve rate cuts later this year continue to weigh on the currency.
The Fed recently indicated its intention to implement two 25 basis-point rate cuts before the end of 2024, citing concerns over slowing economic growth.
Fed Chair Jerome Powell also acknowledged that trade tariffs imposed by US President Donald Trump could further dampen economic expansion, reinforcing the case for monetary policy easing.
Market expectations currently price in potential rate cuts in June, July, and October, creating hurdles for the US dollar. This, in turn, acts as a supportive factor for gold, which thrives in a lower interest rate environment.
Looking ahead, traders will closely watch any updates on US trade policies, central bank decisions, and geopolitical risks for further direction. For now, gold remains well-positioned, with limited downside amid prevailing uncertainties in global markets.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $3,033.97, showing marginal gains of 0.03% as it consolidates above the key 50-day EMA at $3,027.11.
The market is balancing between a bullish continuation and a potential retracement, with $3,051.45 acting as the pivot point for today’s session.
Despite a recent pullback, gold remains in an upward trend, finding strong support near $3,006.31.
If prices hold above this level, the next bullish targets are $3,057.40, followed by $3,068.71 and $3,078.95, where profit-taking could emerge.
A sustained move above $3,051.45 would confirm bullish momentum, paving the way for further gains.
Conversely, failure to hold above $3,027 may lead to a test of the $3,006.31 support level, with extended downside risk toward $2,993.42 and $2,979.20.
The 50-day EMA remains a key short-term indicator, keeping the bias slightly bullish unless breached.
However, traders should watch for profit-taking near $3,050, especially if the dollar strengthens. A break below $3,006 would shift sentiment bearish, signaling deeper correction levels.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bullish above $3,044, with upside targets at $3,068 and $3,078.
- The 50-day EMA at $3,016 acts as a strong support level, reinforcing the uptrend.
- A break below $3,033 could trigger selling pressure, with key support at $3,010.
Gold (XAU/USD) is trading slightly lower at $3,043, down 0.04%, as it consolidates near a key pivot level of $3,044.55. Despite the modest decline, the broader trend remains bullish, supported by expectations of Federal Reserve rate cuts and persistent global economic uncertainties.
The 50-day Exponential Moving Average (EMA) at $3,016 provides strong near-term support, keeping gold within an upward channel.
If prices sustain above the pivot point, the next resistance levels to watch are $3,057.40, followed by $3,067.87 and $3,078.95. A break above these levels could signal renewed bullish momentum, with gold eyeing further highs.
On the downside, immediate support lies at $3,033.30, with a break below this level exposing the next key supports at $3,023.07 and $3,010.48. A move below the 200-day EMA at $2,980 would indicate a shift in sentiment, potentially triggering profit-taking.
For now, gold remains bullish above $3,044, with traders eyeing a breakout toward $3,068. A stop-loss below $3,033 is recommended to mitigate downside risks.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3044
Take Profit – 3068
Stop Loss – 3033
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$2400/ -$1100
Profit & Loss Per Mini Lot = +$240/ -$110
GOLD Price Analysis – March 20, 2025
Daily Price Outlook
Gold prices maintained its bullish trend and surged to new heights on Thursday, reaching a fresh record high around 3,057. However, the bullish rally was driven by the Federal Reserve's anticipated interest rate cuts later this year, which has fueled strong demand for the precious metal.
Moreover, the metal found strong support amid heightened concerns over ongoing geopolitical tensions, including the impact of U.S. President Donald Trump's aggressive trade policies and escalating conflict in the Middle East.
Fed's Rate-Cut Expectations Support Gold's Momentum
As we mentioned, the rally was mainly supported by the market's expectations that the Federal Reserve will soon cut interest rates. Notably, the U.S. central bank kept its key interest rate unchanged in its latest meeting, but the market is pricing in the possibility of two 25-basis-point cuts by the end of the year.
This dovish outlook has put pressure on the U.S. dollar, which has been weighed down by expectations of lower yields, making gold more attractive as an alternative investment.
Analysts are anticipating a 66% chance of a rate cut in July, which has led to an uptick in gold's appeal. As lower interest rates make the U.S. dollar less attractive, investors have turned to gold, boosting its price further.
However, the strength of the U.S. dollar, which rose 0.3% in recent sessions, slightly capped gold's gains, making the precious metal more expensive for foreign buyers. Despite this, geopolitical factors and central bank demand for gold remain supportive, keeping the upward momentum intact.
Geopolitical Tensions Drive Safe-Haven Demand
On the other side, the geopolitical risk has also played a crucial role in gold’s rally. The ongoing trade tensions, particularly between the U.S. and China, have heightened concerns about global economic stability.
Trump's tariffs, seen as inflationary, have raised the risk of a trade war, which has been a driving force behind gold’s ascent this year.
In addition, tensions in the Middle East, particularly between Israel and Gaza, have kept safe-haven demand for gold elevated.
The Israeli military's limited ground incursion into Gaza, coupled with warnings of a wider war, has added to the uncertainty. These geopolitical concerns, along with the potential for further escalation, are likely to continue supporting gold's rally.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading slightly lower at $3,043, down 0.04%, as it consolidates near a key pivot level of $3,044.55. Despite the modest decline, the broader trend remains bullish, supported by expectations of Federal Reserve rate cuts and persistent global economic uncertainties.
The 50-day Exponential Moving Average (EMA) at $3,016 provides strong near-term support, keeping gold within an upward channel.
If prices sustain above the pivot point, the next resistance levels to watch are $3,057.40, followed by $3,067.87 and $3,078.95. A break above these levels could signal renewed bullish momentum, with gold eyeing further highs.
On the downside, immediate support lies at $3,033.30, with a break below this level exposing the next key supports at $3,023.07 and $3,010.48. A move below the 200-day EMA at $2,980 would indicate a shift in sentiment, potentially triggering profit-taking.
For now, gold remains bullish above $3,044, with traders eyeing a breakout toward $3,068. A stop-loss below $3,033 is recommended to mitigate downside risks.
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