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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