📈 Gold 10th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 2911

Below DCMP: Support Levels | Above DCMP: Resistance Levels

📊 Key Levels Summary

Critical Resistance: 2927 (Weekly R1), 2943 (Weekly R2), 2971 (Weekly R3)

Critical Support: 2899 (Weekly PP), 2872 (Weekly S1), 2855 (Weekly S2)

Swing High: 2956 (Daily) | Swing Low: 2832 (Daily)

🔍 Technical Analysis

Fibonacci Retracement:

Pullbacks toward 2899 (Weekly Pivot) align with 61.8% Fib support.

Rally toward 2927 (Weekly R1) coincides with 38.2% Fib resistance.

Momentum Indicators:

RSI: Neutral at 52, no divergence observed.

MACD: Histogram flattens near zero, suggesting consolidation.

Price Action:

DCMP (2911) trades between Weekly Pivot (2899) and Daily R1 (2925).

Close above 2927 invalidates bearish structure; break below 2899 confirms downside.

💡 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 2899 (Weekly Pivot) 🎯

Stop Loss: 2872 (Weekly S1) ⛔

Take Profit 1: 2912 (Daily Pivot) ✅

Take Profit 2: 2925 (Daily R1) ✅

Rationale:

Weekly Pivot (2899) aligns with 4H demand zone and Fib confluence.

MACD bullish crossover on smaller timeframes supports upside.

🔴 Intraday Sell Trade

Entry: 2927 (Weekly R1) 🎯

Stop Loss: 2945 (Daily R3) ⛔

Take Profit 1: 2912 (Daily Pivot) ✅

Take Profit 2: 2899 (Weekly S1) ✅

Rationale:

Weekly R1 (2927) overlaps with daily resistance cluster.

Bearish RSI divergence on 1H chart signals exhaustion.

⚠️ Risk Management Tips

Limit position size to 2-3% capital per trade.

Trail stops to breakeven after TP1 hit.

Avoid trading during high-impact news events (e.g., Fed speeches).

📉 Market Sentiment

Gold faces tension between Fed rate-cut hopes (bullish) and resilient USD (bearish). A sustained break above 2927 could trigger short-covering toward 2943, while failure at 2899 may invite liquidation to 2872.

Note: Monitor US CPI data (March 12) for volatility triggers.

This analysis combines price-action triggers with institutional pivot logic. Adjust trades dynamically if DCMP closes ±1% from entry levels. 🏆