top of page

🏅 Gold Daily Analysis Based on Main Key Levels – March 28, 2025

  • Neom
  • Mar 28
  • 1 min read

Daily Current Market Price (DCMP): 3074


📊 Key Levels Relative to DCMP


Above DCMP (Resistance/Sell Zones):


Immediate Resistance: 3086 🛑

Major Sell Zone: 3096 🔴


Below DCMP (Support/Buy Zones):


Critical Support: 3060 🟢

Strong Demand Area: 3044 🛡️


📈 Technical Snapshot


Pivot Levels:


Weekly Pivot: 3021 | Daily Pivot: 3044

Resistance Cluster: 3067–3096

Support Cluster: 3028–3002


Fibonacci Tools:


Retracement: Key confluence at 3060 (38.2% Fib) and 3044 (50% Fib).

Extension: 3096 aligns with 161.8% Fib extension from recent swing high/low.


Momentum Indicators:


RSI: Neutral at 52 (no divergence observed).

MACD: Bullish crossover forming near zero line.


Swing Levels:


Daily Swing High: 2999 | Daily Swing Low: 2956

4H Swing High: 3086 | 4H Swing Low: 3028



💡 Trade Ideas


Intraday Buy Setup


Entry: 3067 ⚡

Stop Loss: 3050 🚫

Take Profit 1: 3086 ✅

Take Profit 2: 3096 🎯


Rationale: Price retests 3060–3067 support zone (38.2% Fib + daily pivot). MACD crossover and bounce from 4H swing low (3028) add confluence.


Intraday Sell Setup


Entry: 3096 ⚡

Stop Loss: 3110 🚫

Take Profit 1: 3074 ✅

Take Profit 2: 3050 🎯


Rationale: Strong resistance at 3096 (161.8% Fib extension + weekly pivot). Bearish rejection likely if price fails to break this level.


📉 Market Sentiment


Bullish Scenario: Close above 3096 invalidates bearish structure; next target 3110.

Bearish Scenario: Breakdown below 3044 opens path to 3021 (weekly pivot).


🔍 Why This Matters for Traders


Pivot levels and Fib clusters define high-probability reversal zones.

Tight risk-reward ratios (1:2 or better) in both setups.

MACD/RSI alignment supports mean-reversion strategies.

Comments


bottom of page