Gold Swing Trading 3/28/2024 | FXstreet.cz

Gold (XAU/USD): This commodity is moving sideways on the 1-hour chart. Support is at the level of 2150 and 2120. In the event of a rebound from the support, we could consider a long position with the target at the nearest resistance. In case of a clear breaking of the support, we could consider a short position. The resistance is at the level of 2210. In the event of a rebound from the resistance, we could consider a short position with the target at the nearest support. In case of a clear breakthrough of resistance, we could consider a long position. The upcoming fundamental news should not affect the development of this market.

Gold (XAU/USD): This commodity is moving sideways on the 1-hour chart. Support is at the level of 2004. Resistance is at the level of 2038 and 2062. In the event of a rebound from the support, we could consider a long position with the target at the nearest resistance. In case of a clear breaking of the support, we could consider a short position. The upcoming fundamental news should not affect the development of this market.

Gold (XAU/USD): This commodity is in an uptrend on the 1-hour chart. Support is at 1973 and 1937.50. In the event of a rebound from resistance, we could consider a short position with the target at the nearest support. If the resistance is broken, we could consider a long position. The resistance is at the level of 2072 and 2132. The upcoming fundamental news should not affect the development of this market.

As long as the price of gold (XAU/USD, GOLD) trades below the resistance of 1339.50, we can expect a continuation of the downward trend towards the support area of ​​1314 – 1307. In case of breaking the level of 1307, we can expect a further decline towards the support level of 1295 and beyond towards 1270.

Gold (XAU/USD, GOLD) is trading in the zone between the 1305 support and the 1315 resistance. We will consider a drop below the 1305 support as a signal of the start of an intraday downtrend, then the decline could continue to the 1290 support.

The price of gold (XAU/USD, GOLD) is trading in a sideways trend between the support of 1286 and the resistance of 1293. As the continuation of the rising trend, we can consider overcoming the resistance of 1293, then the growth can continue towards the resistance level of 1304.

Gold (XAU/USD): The commodity is on the 1-hour chart in a rising trend channel valid after five bounces since October 29.

Gold (XAU/USD): The commodity is on the 1-hour chart in a descending trend channel that has been valid after eight bounces since December 20.

Gold (XAU/USD): This commodity was in an uptrend on the 1-hour chart yesterday. Support is at the level of 2017. Resistance is at the level of 2072 and 2132. In the event of a rebound from the resistance, we could consider a short position with the target at the nearest support. If the resistance is broken, we could consider a long position. The upcoming fundamental news should not affect the development of this market.

The price of gold (XAU/USD, GOLD) is trading near the key resistance of 1262 and if it is broken, the rally may continue towards the resistance of 1306.

The price of gold (XAU/USD, GOLD) is trading in a sideways trend between the support of 1340 and the resistance of 1363. As the continuation of the rising trend, we can consider overcoming the resistance of 1363, then the growth can continue towards the resistance level of 1394.

Gold (XAU/USD): This commodity is in a slight uptrend on the 1-hour chart. Support is at the level of 2017. Resistance is at the level of 2088 and 2132. In the event of a rebound from the resistance, we could consider a short position with the target at the nearest support. If the resistance is broken, we could consider a long position. The upcoming fundamental news should not affect the development of this market. Some traders may be closing their positions on Friday, which could put this market under pressure.

Gold (XAU/USD): This commodity has been in a downtrend for several hours on the 1-hour chart. A Hammer formation has formed and the price could thus rise. Upcoming fundamental news should not affect this time frame. Some traders may be closing their positions on Friday, which could put this market under pressure.

We will consider the breaking of the 1258.50 resistance as a signal of the start of an uptrend, and the growth will probably continue towards the 1285 resistance.

Gold (XAU/USD): This commodity has been in an uptrend for several hours on the 1-hour chart. An Evening Star formation was formed for local resistance. The price could thus decrease. Upcoming fundamental news should not affect this time frame.

Gold (XAU/USD): This commodity is in an uptrend on the 1-hour chart. The support is at the level of 2038 and 2004. In the event of a rebound from the support, we could consider a long position with the target at the nearest resistance. In case of a clear breaking of the support, we could consider a short position. The resistance is at the level of 2062. The upcoming fundamental news should not affect the development of this market.

Gold (XAU/USD): The commodity is in a downtrend channel on the 1-hour chart, valid after three bounces since December 26.

Gold (XAU/USD): This commodity was in a downtrend on the 1-hour chart yesterday. Support is at the level of 2017. Resistance is at the level of 2088 and 2132. In the event of a rebound from the resistance, we could consider a short position with the target at the nearest support. If the resistance is broken, we could consider a long position. The upcoming fundamental news should not affect the development of this market.

Gold (XAU/USD): This commodity is in an uptrend today on the 1-hour chart. The support is at the level of 2030. In the event of a rebound from the support, we could consider a long position with the target at the nearest resistance. In case of breaking through the support, we could consider a short position. The resistance is at the level of 2088 and 2132. The upcoming fundamental news should not affect the development of this market.

Gold (XAU/USD): The commodity is on the 1-hour chart in a rising trend channel valid after five bounces since November 10.