empty
26.03.2025 04:11 PM
Trading Signals for GOLD (XAU/USD) for March 26-28, 2025: sell below $3,034 (21 SMA - 7/8 Murray)

This image is no longer relevant

Early in the American session, gold is trading at 3,029 within the downtrend channel formed on March 18 and above the 21 SMA. We are observing the exhaustion of bullish strength.

Gold is testing the top of the downtrend channel. If it fails to consolidate above 3,034, we could expect a technical correction.

Gold could continue its bearish cycle in the coming days. To confirm the downtrend, we should expect consolidation below 3,020, then the price could reach the 6/8 Murray at 2,968, and eventually reach the 200 EMA around 2,939.

On the other hand, if gold consolidates above 3,034 in the coming hours, we could expect it to reach 7/8 Murray at 3,046. Beyond this level, gold should surpass its all-time high and could then reach around 3,125, around 8/8 Murray.

The eagle indicator is showing negative signals. The chart shows that gold is showing signs of exhaustion, so we believe a decline below $3,034 could occur in the coming hours.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Crude Oil has the potential to weaken today

[Crude Oil] With both EMAs position converging and moving between the bodies of the candlesticks, it confirms that #CL is in a sideways condition. However, the appearance of a Bearish

Arief Makmur 07:33 2025-12-04 UTC+2

Although #USDX Today has a potential of a retracement upward, it is still under pressure.

[#USDX] Although there is an appearance of a Bullish Divergence on the RSI(14) with the price movement of #USDX, the strong Death Cross formation between EMA(50) and EMA(200) indicates that

Arief Makmur 07:33 2025-12-04 UTC+2

XAU/USD. Analysis and Forecast

Yesterday's rebound of gold from the $4160 support level and its subsequent movement to the upside favor the bulls. Nevertheless, before being confident in a continued rise of the precious

Irina Yanina 21:01 2025-12-03 UTC+2

EUR/USD Forecast on December 3, 2025

On Tuesday, the EUR/USD pair rebounded from the support level of 1.1594–1.1607, turned in favor of the European currency, and rose to the resistance level of 1.1645–1.1656. A rebound from

Samir Klishi 11:20 2025-12-03 UTC+2

GBP/USD Forecast on December 3, 2025

On the hourly chart, the GBP/USD pair has been trading horizontally over the past few days between price levels 1.3186 and 1.3270. Traders often ignore chart levels, and the pair

Samir Klishi 11:07 2025-12-03 UTC+2

Forex forecast 03/12/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 11:05 2025-12-03 UTC+2

GBP/USD. Technical Analysis on December 3, 2025

On Tuesday, the pair moved downward to the 23.6% level at 1.3178 (blue dotted line), then turned upward and closed the daily candle at 1.3207. Today, it may possibly continue

Stefan Doll 09:55 2025-12-03 UTC+2

EUR/USD. Technical Analysis on December 3, 2025

Trend Analysis (Fig. 1). On Wednesday, the market may continue moving upward from the 1.1621 level (yesterday's daily candle close) toward the target of 1.1655 — the 50% pullback level

Stefan Doll 09:51 2025-12-03 UTC+2

XPD/USD has the potential to strengthen today and test its nearest resistance level

[Palladium vs USD] With all technical conditions such as the Golden Cross intersection between the two EMAs and the RSI in the Neutral-Bullish area, then XPD/USD has the potential

Arief Makmur 07:36 2025-12-03 UTC+2

Natural Gas on Wednesday, December 03, 2025, has the potential to test its nearest resistance level.

[Natural Gas] With the RSI(14) positioned in the Neutral-Bullish area and both of EMAs forming a Golden Cross, Natural Gas has the opportunity to strengthen today. Key Levels 1. Resistance

Arief Makmur 07:36 2025-12-03 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.