XAUUSD Technical Analysis | XAUUSD Trading: 2025-03-28 | IFCM Turkey
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XAUUSD Technical Analysis - XAUUSD Trading: 2025-03-28

Gold Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 3082.22

Buy Stop

Below 3033.34

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2690
IndicatorSignal
RSI Sell
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Neutral
Parabolic SAR Buy

Gold Chart Analysis

Gold Chart Analysis

Gold Technical Analysis

The XAUUSD technical analysis of the price chart in 4-hour timeframe shows the XAUUSD,H4 is advancing to new all-time highs above the 200-period moving average MA(200) as it rebounds after hitting 10-day low a week ago. RSI indicator has moved into overbought zone. We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 3082.22. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 3033.34. After placing the order, the stop loss is to be moved every day to the next fractal high , following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (3033.34) without reaching the order (3082.22), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Precious Metals - Gold

Gold is advancing after president Trump confirmed auto tariffs on March 26. Will the XAUUSD price climbing persist?

Gold prices renewed their upward push after president Trump said 25% tariffs on imported cars and light trucks would begin on April 3. Analysts forecast that gold price benefits from president Trump’s import tariff policy as higher global uncertainty increases gold’s demand due to its safe-haven nature. Earlier this week, Bank of America upgraded its price target on gold to $3,500 per ounce over the coming 18 months from $3,000 previously. Analysts point that uncertainty around Trump administration trade policies could continue to push the USD lower, further supporting gold prices near-term. Before Bank of America upgrade the Macquarie Group predicted the precious metal will touch $3,500 in the third quarter of this year. And JPMorgan analysts asked in a client note “could the $4,000 mark be just around the corner?" The note stated "heading into 2025, gold remained our top bullish pick for a third consecutive year in a row." Rising global uncertainty as president Trump uses tariffs as a major policy tool is bullish for gold prices.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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