Gold Daily Analysis Based on Main Key Levels – 31 March 2025

Daily Current Market Price (DCMP): 3110

🗝️ Key Price Framework

Below DCMP (Support):

🟢 3006 (Critical Swing Low)

🟢 2973 (Major Structural Support)

Above DCMP (Resistance):

🔴 3142 (Upper Fib Barrier)

🔴 3110 (Immediate Swing High)

🌐 Market Overview

Swing Levels (4H/Daily):

◼ Daily Swing High: 2999

◼ Daily Swing Low: 2956

Fibonacci Framework:

▫ 61.8% Retracement Zone: 3042–3063 (Key Reversal Area)

▫ 38.2% Extension: 3088 (Near-Term Resistance)

📊 Technical Indicators Snapshot

✅ RSI Divergence: Neutral at 48.7, no clear directional bias

✅ MACD Signal: Bearish crossover fading on 4H chart

✅ Volume Profile: Liquidity cluster at 3055–3075

💡 Trade Idea 1: Intraday Buy Setup

Entry: 🎯3006 (Weekly Pivot Confluence)

Stop Loss: ⚠️2973 (Below Swing Low)

Take Profit 1: 🏁3055 (Fib Retracement Zone)

Take Profit 2: 🚩3075 (Pivot Resistance)

Rationale:

Price interaction with 100-period moving average

Bullish hammer pattern observed at 3000–3010 zone

💡 Trade Idea 2: Intraday Sell Setup

Entry: 🎯3142 (Weekly Resistance Cluster)

Stop Loss: ⚠️3160 (Above Fib Extension)

Take Profit 1: 🏁3110 (DCMP Re-Test)

Take Profit 2: 🚩3075 (Volume Gap Fill)

Rationale:

Bearish rejection at 3140–3150 supply zone

Hidden bearish divergence on 1H timeframe

📉 Critical Technical Observations

Pivot Hierarchy:

3075 acts as immediate bullish/bearish threshold

Price Magnetism:

Strong institutional interest at 3055–3042 zone

Sentiment Shift:

COT data shows reduced speculative long positions

🔭 Forward Guidance

Watch for:

◼ Sustained break above 3110 → Targets 3142

◼ Close below 3006 → Opens 2973 retest

Note: All trades require confirmation through 4H candle closes. Tight risk management advised amid low volatility conditions.

📌 Key Takeaway:

Gold remains range-bound between 2973–3142. Focus on counter-trend setups at tested technical levels with strict stop-loss discipline.