GoldyMan

A key indicator for XAUUSD growth is the RSI trendline retest, confirming bullish momentum. Another bullish sign is a rebound from the lower boundary of the ascending channel.If prices break below 2865, the bullish scenario is invalidated, signaling further decline toward 2835. Conversely, a breakout above 2935 would confirm upward momentum, potentially accelerating gains.A short-term correction to 2890 is possible before resuming an uptrend targeting 3005. However, if XAUUSD breaches 2865, expect continued decline below 2835.

Current Price: 2913.16 Time: 2025-03-05 13:29:321H Technical Analysis:Oscillators: Most oscillators are neutral, but Momentum and MACD Level indicate a SELL signal.Moving Averages: Mixed signals. Short-term MAs (10, 20) indicate SELL, while long-term MAs (50, 100, 200) indicate BUY.Pivot Points: The price is near the R1 pivot point, which may act as resistance.4H Technical Analysis:Oscillators: Mixed signals. Awesome Oscillator and MACD Level indicate BUY, while Momentum and Stochastic RSI Fast indicate SELL.Moving Averages: Most MAs indicate a BUY signal, suggesting a strong bullish trend.Pivot Points: The price is near the R1 pivot point, which may act as resistance.XAUUSD Daily Forecast:XAUUSD could retest the broken trend line on the RSI. A rebound from the lower boundary of the bullish channel reinforces the uptrend.Support: 2900, Resistance: 2935, 2985.XAUUSD Forecast: BUY.Latest News:Geopolitical tensions are driving investors towards safe-haven assets like gold, increasing demand and pushing prices higher.Impact: BUY.Upcoming Events:The release of US inflation data will significantly impact the gold market. Higher inflation could drive gold prices up as investors seek protection against inflation.Impact: BUY.GOLD Signal:Signal: BUYEntry Price: 2915.00Percentage Possibility: 60% BUY, 40% SELL.Scenarios:BUY Scenario: If the price breaks above 2935, expect further growth towards 2985. Support at 2900.SELL Scenario: If the price falls below 2875, expect further decline towards 2835. Resistance at 2935.Analysis:Despite mixed signals on the 1H timeframe, the 4H timeframe and fundamental data indicate a strong bullish trend. Upcoming events, such as inflation data, could further support gold price growth.Summary:The gold market is currently in a bullish trend supported by long-term MAs and fundamental factors. However, caution is advised due to short-term fluctuations and potential reversals.

A bearish signal for XAUUSD is confirmed by a test of the downward trendline on the RSI and a rebound from the lower boundary of the "Wedge" pattern. If XAUUSD fails to hold above 2965, a further decline is likely, targeting levels below 2825.A temporary bullish correction may lead to a test of resistance near 2935, but the overall trend favors a decline. The bearish scenario will be invalidated if the price breaks 2995, signaling further growth toward 3045.

Gold (XAUUSD) is showing bullish signals. A test of the trendline on the RSI and a rebound from the lower boundary of the ascending channel support further growth. If prices stay above $2,925, an upward move toward $3,010 is likely.A breakout above $2,965 would confirm bullish momentum, accelerating gains. However, if Gold falls below $2,900, it could signal a deeper decline toward $2,855. A break below $2,925 would invalidate the bullish outlook, indicating continued downside pressure.Key levels to watch:📈 Resistance: $2,965, $3,010📉 Support: $2,900, $2,855

Current Price: 2510.64 USD at 14:05 PMOscillatorsOn the 1-hour chart, most oscillators are in the neutral zone, indicating a lack of strong trend. The Momentum indicator suggests a Buy, but other oscillators, such as the MACD and Awesome Oscillator, indicate a Sell. On the 4-hour chart, the results remain neutral, with some indicators like the Bull Bear Power suggesting a Buy, while Momentum and MACD suggest a Sell.Conclusion: Mixed signal with most indicators in the neutral zone.Moving AveragesOn the 1-hour chart, short-term Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) are in the Buy zone, while long-term MAs are in the Sell zone. On the 4-hour chart, long-term MAs, including the EMA and SMA for 100 and 200 days, are in the Buy zone. This indicates a strong long-term Buy position, although short-term signals are not as clear.Conclusion: Mixed signals, with most long-term MAs in Buy.Pivot PointsOn the 1-hour chart, the current price is above the Pivot Point, which usually indicates a Buy. Similarly, on the 4-hour chart, the current price is above the Pivot Point, which also suggests a Buy.Conclusion: Positive signal as the price holds above the Pivot Point.XAUUSD ForecastShort-term, a negative correction is expected, with potential rebound at 2485 USD. If the price breaks below 2480 USD, further decline towards 2435 USD is possible. Conversely, if prices break above 2545 USD, significant growth towards 2645 USD is likely. In summary, the short-term forecast is negative (SELL), but longer-term bullish potential remains.Conclusion: Short-term negative forecast, long-term bullish potential.News"This Gold Breakout Changes Everything" and "Dow Hits Record High, Nasdaq Dumps; Oil & Gold Jumps" suggest a positive impact on gold as both news pieces are associated with significant price movements in gold."Russia Launches Deadly Drone and Missile Strikes in Ukraine" implies increased geopolitical uncertainty, which typically boosts gold prices.Upcoming EventsUS S&P/CS Composite-20 HPI y/y at 15:00 - Higher numbers are negative for gold.US CB Consumer Confidence at 16:00 - Higher confidence might be negative for gold.US Richmond Manufacturing Index at 16:00 - Lower index could increase gold demand.Conclusion: Based on the analysis, the current signal for XAUUSD is Neutral, with most long-term indicators in the Buy zone. Despite the short-term negative forecast, the longer-term trends and news suggest a potential Buy with a 60% probability and a 40% probability of Sell.

❗️[BUY SIGNAL] Gold has surged past $2,520, breaking Friday's high. With Powell's strong support for rate cuts and ongoing Middle East tensions, prices could rise further. Watch for resistance at $2,530-$2,531. Consider buying on pullbacks for potential gains!

[BUY ALERT] Gold futures hit a fresh record at $2,561.5/oz as expectations of U.S. rate cuts grow and central banks ramp up demand. With a weaker dollar and global monetary easing, gold’s momentum is strong—consider buying now.

XAU/USD exhibits mixed signals on the 1-hour chart. While oscillators show neutrality with some sell signals, moving averages lean towards selling, and pivot points suggest a neutral to bearish sentiment. The gold forecast hints at a potential decline, with a 60% probability of a price decrease. Traders should exercise caution, waiting for confirmation before taking positions amidst the conflicting indicators.

The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we have witnessed a bullish trend for the past two weeks, and some correction is likely needed. Should the market test the 1968 level and encounter rejection, this could potentially lead to a bearish reversal. I anticipate a brief pullback from the resistance zone in the short term. My target is set on the support region around 1933.60.

BUY #XAUUSD at 1688.50 wait on T/P price 1693.50 or close it at S/L: 1683.50