📈Gold Daily Analysis Based on Main Key Levels – March 24, 2025

Daily Current Market Price (DCMP): 3017

Key Levels Summary 🎯

Above DCMP (Resistance/Sell Zones):

Immediate Resistance: 3021 🛑

Major Resistance: 3050–3071 🔴

Below DCMP (Support/Buy Zones):

Immediate Support: 2992 🟢

Major Support: 2974–2946 🛡️

Swing Levels (4hr/Daily Timeframe):

Swing High: 2956 📉

Swing Low: 2880 📈

Technical Indicators 🔍

RSI: Neutral with slight bearish divergence.

MACD: Bearish crossover observed, signaling short-term downside momentum.

Fibonacci Levels: Retracement zones align with 2992 (38.2%) and 3021 (61.8%).

Trade Setups 💡

1️⃣ Intraday Buy Trade Idea 🟢

Entry: 2992 🎯

Stop Loss: 2974 🚫

Take Profit 1: 3021 ✅

Take Profit 2: 3050 ✅

Rationale: Strong confluence at 2992 (weekly pivot + Fib 38.2% support).

2️⃣ Intraday Sell Trade Idea 🔴

Entry: 3021 🎯

Stop Loss: 3050 🚫

Take Profit 1: 2992 ✅

Take Profit 2: 2974 ✅

Rationale: Resistance at 3021 (daily pivot + Fib 61.8% retracement).

Risk Management ⚠️

Use tight stops to mitigate volatility.

Trail profits at TP1 to secure gains.

This analysis integrates price action, key pivot levels, and technical indicators to identify high-probability trades. Always confirm with live market data before execution. 💼