Gold (XAU/USD) Trade Plan – Breakout or Rejection Setup This trade is based on price action around a descending trendline and key resistance levels, aiming for a potential breakout or rejection move. Trade Setup: Entry Zone: Around 2,919 - 2,923, where price is testing the trendline and resistance area. Stop Loss: Placed at 2,906 to protect against downside risk if price fails to break resistance. Take Profit Target: 2,941 - 2,943, aligning with a major resistance level above. Market Outlook & Strategy: Bullish Bias: If price breaks the trendline and holds above the resistance zone, it confirms a bullish move toward the take profit zone. Bearish Risk: If price gets rejected at the trendline, a potential reversal could occur, leading to lower support zones. Confirmation Needed: A strong bullish candle closing above resistance or retesting support at entry levels before continuation. This trade aims to capture momentum from a breakout while managing risk with a well-placed stop loss. FOREXCOM:XAUUSD OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD PEPPERSTONE:XAUUSD ICMARKETS:XAUUSD EIGHTCAP:XAUUSD EIGHTCAP:XAUUSD PYTH:XAUUSD VANTAGE:XAUUSD VANTAGE:XAUUSD SAXO:XAUUSD FX_IDC:XAUUSD
Spot gold was basically stable in early trading on Friday (March 7), and the current price of gold is around $2,915/ounce; in early Asian trading, the price of gold once fell to $2,896.40/ounce. Gold prices are still fluctuating in a range as traders eagerly await the release of US non-farm payrolls. The non-farm payrolls report will affect the recent trend of the US dollar and provide new impetus for gold prices. Escalating trade tensions, risk aversion and a weaker US dollar have provided support for precious metal gold. In addition, bets on further interest rate cuts by the Federal Reserve have helped limit the decline of gold. At 21:30 Beijing time on Friday, investors will usher in the US February non-farm payrolls report. If there is a major negative surprise in the non-farm payrolls released on Friday, it may put heavy pressure on the US dollar and open the door for a bullish trend in gold before the weekend. On the other hand, if the non-farm payrolls reach or exceed 180,000, the US dollar may remain resilient against its competitors. At 01:30 Beijing time on Saturday, Fed Chairman Powell spoke before the luncheon of the 2025 U.S. Monetary Policy Forum at the University of Chicago Booth School of Business. Powell said at a congressional hearing in February that the Fed does not need to rush to adjust interest rates, a statement that further implies that officials will remain patient on the issue of rate cuts. If the U.S. non-farm payrolls data for February is lower than expected, the dollar, which has been suppressed recently, may fall further, thereby stimulating the strengthening of gold prices. In addition to the non-farm report, gold traders are also facing the impact of the speech of Fed Chairman Powell. If Powell makes hawkish remarks again, the dollar may be boosted, thereby pressuring gold prices. 3.7 Analysis of gold market trend: Analysis of gold technical aspects: The recent gold long-short game is very volatile, and it has fluctuated back and forth many times. The current pattern shows that the general trend is still bullish. The short-term is in high-level fluctuations. The focus is on the large fluctuation range of 2930-2891, with a fluctuation range of up to 40 points. The daily line has continuous cross stars. Today's idea is to see short-term fluctuations before the non-agricultural data. Both long and short positions can go up. The daily 30-day moving average still supports the bulls. The bullish trend in the general direction has not changed. Today, we pay attention to whether the non-agricultural employment data can change the trend. Before the non-agricultural data, it is still treated as a range fluctuation. In addition, today is the closing of the weekly line. If the weekly line is below 2890, then the long position of the large cycle may change. The big Yin top before the weekly line will help to continue to fall next week. The hourly chart of gold has formed a sideways K-line, and the oscillation center axis is near 2905. If the white plate rebounds first today, look for short opportunities near 2920. If it falls to 2890 first, look for long opportunities. It rebounded yesterday and then fell. Let's look at short opportunities in the white plate today. If we break through either side today, we can adjust our thinking and chase orders. It is expected to be a pattern of adjustment first and then rise! If we still cannot effectively break through the upper rail pressure of the flag consolidation today, it will inevitably fall to the previous low again! The battle between long and short positions is still fierce. The short-term short position has a slight advantage, but the long position counterattack is also fierce. The 2890 support is still very strong! If it breaks through, enter the market with the trend, otherwise it will be a consolidation and shock trend! On the whole, Jin Shengfu recommends that the short-term operation of gold today is mainly long on the callback, supplemented by short on the rebound. The short-term focus on the upper side is 2928-2930 resistance, and the short-term focus on the lower side is 2890-2894 support.
it's not a financial advice! do your own due diligence based on the last alts-season we had1- 1000 days between the bottom and the top 2- we gained around 20x the market cap my scenario: suppose this season of 2025 we get a big pump specially with the countries, intuitions & banks interest into crypto more and more every year, if we ever encountered same days range and HALF of the previous pump (which is 10x instead of 20x from the bottom) result: A: Oct2025 we will be approaching 3.5 T market cap B: more conservative result is 5x by October 2025 which makes the top 1.8-1.9T market cap (which is double the previous alt-season market cap) In both scenarios i don't mean your token you are holding will 5x or 10x, some coins will outperform and reach 20x even in this year.
No comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
A broken trendline force us considering on taking short positions.
XAU/USD Technical and Fundamental Analysis: Preparing for Volatility Ahead of NFP The XAU/USD (Gold) market is currently facing a pivotal moment, with the price nearing key resistance after a false breakdown below the 2895 mark. This false breakdown, a move that initially suggested a bearish continuation, has ultimately proven to be a temporary setback, setting the stage for a potential push higher. As the price continues to test the 2926 resistance zone, traders are closely watching for any signs of a breakout or rejection at this level. The dynamics of the market are further complicated by the upcoming Non-Farm Payroll (NFP) report, which is likely to introduce heightened volatility. Market Sentiment and External Factors The global market sentiment is jittery, largely driven by uncertainty surrounding geopolitical developments and economic data. A significant factor influencing gold prices has been the ongoing tensions surrounding U.S. President Donald Trump’s tariff plans, which have led to a boost in gold demand as a safe-haven asset. Investors are seeking refuge in gold due to the fear of potential economic disruptions stemming from these trade conflicts. Along with trade tensions, mixed U.S. employment data adds to concerns about inflationary pressures, which could undermine the strength of the U.S. dollar. This combination of geopolitical uncertainties and economic concerns makes the market more prone to volatility, especially with the upcoming release of the NFP data. The NFP report, which is a key indicator of the U.S. labor market’s health, will be closely scrutinized by traders for any signs of strength or weakness. The reaction in the gold market will be heavily dependent on whether the data falls in line with or diverges from expectations, and how the Federal Reserve might adjust its monetary policy based on this information. Market Reactions to NFP Data: Historical Analysis Looking at previous NFP reports and their impact on gold prices, we can identify a general pattern in market behavior. On average, during the first 15 minutes following the NFP release, weaker-than-expected data has historically led to a significant rise in gold prices, typically by around 60 points. On the other hand, stronger-than-expected data tends to have the opposite effect, with gold prices falling by roughly 50 points. These movements are often driven by market expectations and the broader sentiment surrounding economic growth, inflation, and potential shifts in Federal Reserve policy. However, it's essential to acknowledge that other factors, such as inflation readings, revisions to previous economic data, and the overall risk environment, could alter the typical market response. The final reaction will largely depend on investors' interpretation of the data and how it fits into the larger narrative of Fed policy and the broader economic outlook. Key Resistance and Support Levels for Gold As the gold market navigates these uncertain waters, it is essential to keep a close eye on the key technical levels that could guide price action. Currently, gold is approaching significant resistance at the 2926 level. This resistance zone is a critical point for traders, as a break above could signal the start of a more substantial upward move. The next major resistance level beyond 2926 is at 2942, where sellers may step in to prevent further price escalation. On the downside, gold has strong support levels at 2912.5, 2909.5, and 2895. These support zones represent potential areas where buying interest could emerge, especially if the market experiences a pullback before the NFP report. The 2895 level is particularly crucial, as it represents a significant price floor, and any sustained move below this level could signal a more extended correction. Pre-NFP Price Action: A Likely False Breakout? Ahead of the NFP release, there is a possibility that gold may test the 2926 resistance level, potentially triggering a false breakout. This scenario would involve a temporary breach of the resistance level, designed to trap liquidity in the market before a sharp reversal. This type of price action, often referred to as a “market maker trap,” can create the illusion of a breakout, only to see prices quickly reverse as traders who entered on the breakout are forced to exit their positions. A pullback from 2926 could take the price back toward the nearest support levels at 2912.5 or 2909.5. Given the high stakes surrounding the NFP report, the price movement before the news could be a consolidation phase, with gold fluctuating between the 2926 and 2895 levels. This range-bound price action suggests that traders may be waiting for more concrete information before committing to larger positions. The market is likely in a consolidation phase, where price action is trapped within these levels, awaiting a catalyst to trigger a breakout in either direction. Potential Scenarios After the NFP Report Once the NFP data is released, the market could react in a number of ways depending on the strength of the report. If the NFP report shows weak employment data, gold could break above 2926, extending the rally as concerns over economic weakness and inflation risks push investors into gold. In this case, gold could accelerate its ascent toward the all-time high (ATH), particularly if the weak data sparks fears of a more dovish Federal Reserve and a weakening dollar. Conversely, if the NFP data is stronger than expected, it could prompt a sharp sell-off in gold. Strong data would likely support expectations for a more robust U.S. economy, potentially leading to a stronger dollar and less demand for gold. In such a scenario, profit-taking could trigger a correction, with gold prices retreating to lower support levels, such as 2895 or even 2875, as traders adjust their positions in response to the data. The Final Verdict: Gold in a State of Consolidation As we approach the NFP report, gold appears to be in a consolidation phase between 2926 and 2895. This range-bound behavior suggests that traders are cautious and waiting for clearer signals from the economic data. The upcoming NFP report will be a key event that could determine the next direction for gold, but the market is likely to remain volatile in the short term, especially if the data shows unexpected results. Ultimately, the key factor influencing gold’s future movement will be the market’s interpretation of the NFP data and its implications for the U.S. economy and Federal Reserve policy. Investors will be keenly watching how the data influences inflation expectations and the dollar’s strength, as these factors will play a critical role in determining gold’s next major move. Conclusion Gold is at a crossroads, with the price testing critical resistance levels and the potential for increased volatility ahead of the NFP report. The false breakdown below 2895 and the ongoing consolidation around 2926 suggest that gold may be gearing up for a breakout or a pullback, depending on the upcoming economic data. Traders should remain vigilant as the market prepares for potentially significant price movements, particularly if the NFP report deviates from expectations. The final direction for gold will depend on how the market interprets the data and adjusts its expectations for future Fed policy and economic conditions.
price is stretched and at key significant levels, expecting a pullback towards, 1.06/ 1.05800.
USNAS100 Analysis – March 7, 2025 ? The price dropped by approximately 450 points, as we mentioned yesterday. Technical Outlook The price is now expected to correct toward 20,280. If it stabilizes below 20,285 or 20,435, a new bearish phase could begin, targeting 19,860. However, if the price stabilizes above 20,435, it could rise to 20,670, with further upside potential in a bullish zone. Correction Phase: The price is likely to retest 20,285 from 20,130 as part of a correction before continuing its decline. ⚠️ Market Impact: The NFP report, unemployment rate, and Powell's speech will influence market direction. Key Levels to Watch ? Resistance: 20,285 | 20,435 | 20,660 ? Support: 19,980 | 19,860 | 19,730
XAUUSD is currently trading at $2,920, forming a bullish flag pattern—a classic continuation signal indicating potential upward momentum. The target price is set at $3,000, suggesting an anticipated gain of 80 pips upon a successful breakout. A bullish flag pattern typically consists of a strong upward price movement (the flagpole) followed by a consolidation phase where prices move slightly downward or sideways within parallel lines (the flag). This pattern often precedes a continuation of the prior uptrend once the price breaks above the flag's resistance. In this scenario, a confirmed breakout above the flag's upper boundary could propel XAUUSD toward the $3,000 target. Fundamentally, gold prices have been bolstered by ongoing global economic uncertainties and trade tensions, leading investors to seek safe-haven assets. Recent market analyses indicate that geopolitical developments and policies are expected to influence gold prices in 2025, with XAUUSD potentially finding support around the $2,500 level. citeturn0search1 Additionally, forecasts suggest that XAUUSD could reach a high of $2,912.14 in March 2025, with an average price around $2,855.32. In conclusion, the formation of a bullish flag pattern in XAUUSD, coupled with supportive fundamental factors, indicates a potential upward move toward the $3,000 target. Traders should monitor key resistance levels and await confirmation of a breakout to capitalize on this opportunity.
? NZD/JPY has formed a well-defined head and shoulders pattern at a key daily/intraday resistance level. A bearish breakout below the horizontal neckline signals strong selling pressure, reinforcing a bearish outlook. The pair is likely to extend its decline, with a potential target of at least 83.83.