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Gold at a Crossroads: Can It Hold Above $3,000 or Pull Back?Gold Update – 17 March 2025 Gold recently reached new all-time highs around $3,000 last week, encountering a reaction at this psychological level. Today, the latest Retail Sales data was released, coming in below expectations. Potential market movements: • Gold may revisit the previous high of $3,004. • A move below $2,980 could lead to a test of the $2,955 area. • A deeper retracement could bring prices toward the $2,930 level. For Gold to sustain movement above $3,004, market participants may look for a series of confirmed intraday closes above this level. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.

Gold’s Record Run: Is 3000 the Next Battleground?Gold 14-Mar-2025: During this week, Gold moved above the first consolidation area at 2930 following the CPI data release. The next day, price also surpassed previous highs at 2955, reaching a new record at 2993, amid lower inflation data (both CPI & PPI) and ongoing trade-war uncertainties. As for potential scenarios: • Gold may trade lower to retest the 2955 level, depending on market sentiment and liquidity. • It is important to monitor the psychological 3000 level, as price action could experience increased volatility around this area. • Price action could also see a deeper pullback to 2940 before potential buyers step in at better prices, though this remains subject to broader market conditions. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.

EUR/USD Long Utilizing 4H EB (Equilibrium Block)Since the market opened on Sunday EU has been on an uptrend. It also broke past the previous 2 week's resistance/supply zone and retested it using it as a demand zone on Tuesday morning during the New York AM session. Then proceeds to create a strong bullish candle during the NY PM session that same day. This then starts the process for the equilibrium block. The way I identify EBs is by making sure there is a 3 candle model. The first candle must be a strong bullish or bearish candle while the second candle is the opposite/a retest and then the third candle must be an engulfing candle. So for this example it is a bullish set up so the 3 candle model was bullish bearish then bullish engulfing. If it was a bearish set up it would be bearish bullish then bearish engulfing. I placed my stop loss under the smallest wick on the engulfing candle and gave it room to breath by putting it at an institutional level. It took over a day but this trade ended up hitting all profit targets! Trade Details: Entry Point: 1.06257 Stop Loss: 1.05995 Profit Target 1: 1.07282 Profit Target 2: 1.07965 Profit Target 3: 1.08242