Technical Analysis of GOLD – March 28, 2025

From a technical perspective, I see that Gold has reached a price level that is still worth considering for entry points.

Let's take a look at the 1-hour time frame Gold chart before proceeding with the analysis:

Using Price Action analysis (Trader Pressure), we can observe that GOLD remains in a Bullish/Uptrend condition. However, we should also anticipate a trend reversal if the price breaks through the Support area above and consider possible price consolidation.

Looking at the candlestick history, we can identify buy entry opportunities. However, to remain objective, I will provide an analysis for both buy and sell entries.

From the chart, we can see that buyer pressure (long green candles) has gradually pushed the price higher, without strong resistance from sellers (long red candles), forming a Higher Low.

This indicates that buyers are still dominating the formation of certain price levels. However, sell opportunities can still be found in GOLD commodities.

On the chart, I have identified a Resistance area through the lines above the price (3082.46 – 3036.63). For the Support area, we can refer to the two lines below the price (3057.80 – 3050.61).

Entry Setup Options:

You can use these setups based on your trading style.

Breakout Opportunity Setup:

• If the 1-hour candle closes above the Resistance Area Upper Limit (3082.46), be prepared to look for the best Buy entry position.

• If the 1-hour candle closes below the Support Area Lower Limit (3050.61), be prepared to look for the best Sell entry position.

• Cut Loss:

  • For Buy entry: If the 1-hour candle closes below the lower limit of the resistance area (<3036.63).

  • For Sell entry: If the 1-hour candle closes above the upper limit of the support area (>3057.80).

• Maintain a minimum risk ratio of 1:1.

Pullback Setup for Sell Entry:

• Use the resistance area as the pullback zone.

• If the 1-hour candle closes within the pullback area, you may enter a Sell position.

• Cut Loss: If the 1-hour candle closes above the upper pullback limit (>3082.46).

• Maintain a minimum risk ratio of 1:1, according to your trading strategy.

Pullback Setup for Buy Entry:

• Use the support area as the pullback zone.

• If the 1-hour candle closes within the pullback area, you may enter a Buy position.

• Cut Loss: If the 1-hour candle closes below the lower pullback limit (<3050.61).

• Maintain a minimum risk ratio of 1:1, according to your trading strategy.

Always apply proper money management in every entry to ensure sustainable trading. Stay alert to Fake Breakout Candles to avoid unnecessary risks.

Hopefully, this analysis can serve as a reference for your market evaluation.

Happy Trading, everyone!

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Gold Prices Rise as Trump's Auto Tariffs Shake Markets

 

Gold prices rose in Asian trading on Thursday, supported by increased safe-haven demand after U.S. President Donald Trump imposed a 25% trade tariff on all car imports, marking an escalation in his tariff agenda.

Goldman Sachs also raised its 2025 gold price target, citing strong central bank demand and robust inflows from exchange-traded funds (ETFs).

Trump’s tariffs—set to take effect on April 2 along with several other duties—triggered a risk-off movement across global markets, with Wall Street and Asian stocks posting significant losses.

This boosted safe-haven demand for gold amid growing concerns that Trump would follow through on his other tariff threats.

Gold Holds Near Record Highs

Spot gold rose 0.4% to $3,032.21 per ounce, staying near its recent record highs. Gold futures for May delivery climbed 0.5% to $3,067.42/oz as of 01:10 ET (05:10 GMT).

Gold Supported by Safe-Haven Demand Amid Tariff Fears

Although gold saw some profit-taking earlier this week, its price remains near all-time highs as uncertainty over U.S. trade and economic policies continues to drive safe-haven demand.

Trump’s latest auto tariffs are expected to impact major economies, including Japan, Europe, and South Korea. The tariffs could also lead to higher U.S. car prices, potentially fueling inflation.

Trump is set to announce a series of retaliatory tariffs on April 2 against at least 15 major U.S. trading partners. The president has also threatened tariffs on key commodity imports and other sectors such as semiconductors and pharmaceuticals.

Europe, Canada, China, and Mexico have condemned the tariffs and threatened countermeasures, raising fears of a global trade war that could slow economic growth. This has kept traders leaning toward gold as a safe-haven asset.

Other Precious Metals and Copper Prices

Other precious metals showed mixed movements on Thursday. Platinum futures fell 0.1% to $968.20/oz, while silver futures rose 0.4% to $34.345/oz.

Among industrial metals, copper prices remained supported by expectations of tighter supply, especially if Trump imposes tariffs on copper imports. Benchmark copper futures on the London Metal Exchange rose 0.4% to $9,969.20 per ton, while U.S. copper futures inched up 0.1% to $5.2485 per pound.

U.S. copper futures hit a record high this week amid bets that Trump's tariffs would severely limit the country’s physical copper supply.

Goldman Sachs Raises 2025 Gold Price Forecast to $3,300/oz

Goldman Sachs raised its year-end 2025 gold price forecast to $3,300/oz from $3,100/oz, citing stronger-than-expected ETF inflows and sustained central bank demand, particularly in Asia and emerging markets.

The bank expects major Asian central banks to continue aggressively purchasing gold over the next three to six years to meet higher gold reserve targets.

On the ETF side, Goldman Sachs predicts more inflows from traders seeking a safe haven, especially if a U.S. recession occurs. This, along with rising demand for gold as a hedge, could push prices as high as $3,680/oz by the end of 2025.

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Technical Analysis of GOLD – March 26, 2025

From a technical perspective, I see that Gold has reached a price level worth considering for potential entry points.

Let's take a look at the 1-Hour Time Frame chart below before we begin our analysis:

Using Price Action Analysis (Trader Pressure), we can observe that GOLD remains in a Bullish/Uptrend. However, we must also anticipate potential trend reversals if the price breaks the Support Area above or enters a consolidation phase.

Based on historical candle patterns, we can look for Buy entry opportunities. However, to remain objective, I will provide an analysis for both Buy and Sell entry options.

If we examine the chart, we see that buyer pressure (long green candles) is gradually pushing the price higher, while seller pressure (long red candles) fails to counteract this movement, forming Higher Lows.

This indicates that buyers are still dominating price formation at certain levels. However, there are still Sell opportunities in GOLD.

Key Levels of Interest

• Resistance Area: 3047.30 – 3036.63

• Support Area: 3008.70 – 2996.38

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Potential Entry Setups

1. Breakout Opportunity Setup

• If the 1-hour candle closes above the upper Resistance Area (3047.30), prepare to find the best Buy Entry position.

• If the 1-hour candle closes below the lower Support Area (2996.38), prepare to find the best Sell Entry position.

• Stop Loss (Cut Loss):

  • For Buy Entry: If the 1-hour candle closes below 3036.63, exit the position.

  • For Sell Entry: If the 1-hour candle closes above 3008.70, exit the position.

• Risk-to-Reward Ratio: Maintain a minimum 1:1 ratio.

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2. Pullback Setup for Sell Position

• Pullback Area: Resistance Zone

• If the 1-hour candle closes within the pullback area, a Sell position can be taken.

• Stop Loss: If the 1-hour candle closes above 3047.30, exit the position.

• Maintain a minimum 1:1 risk-to-reward ratio according to your trading strategy.

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3. Pullback Setup for Buy Position

• Pullback Area: Support Zone

• If the 1-hour candle closes within the pullback area, a Buy position can be taken.

• Stop Loss: If the 1-hour candle closes below 2996.38, exit the position.

• Maintain a minimum 1:1 risk-to-reward ratio according to your trading strategy.

Always implement proper risk management in every trade to ensure long-term success and be cautious of fake breakout candles.

I hope this analysis serves as a helpful reference for your market decisions.

Happy Trading, everyone!

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