GOLD Forecast

A decline is indicated for XAUUSD, supported by a test of the descending trend line on the RSI. A further signal is a rebound from the resistance level on the price chart. An initial bullish correction towards the 3055 area is anticipated, followed by a continuation of the downward trend targeting 2915.

The bearish scenario will be invalidated by a strong breakout above the 3075 level, potentially leading to an upward movement towards 3135. An acceleration of the fall is expected if the support area is breached and the price closes below 2985.

April 9th, 2025, at 00:00 is a crucial time to monitor price action. A break below 2985 at this time would signal further decline, while a break above 3075 would suggest upward momentum.

A possible decline in XAUUSD is indicated by two key factors: a test of the trend line on the RSI and a rebound from resistance on the price chart.

If on 04/04/25, Gold breaks above 3165, the bearish outlook will be invalidated, signaling further growth toward 3205. However, if the support level of 3055 is broken, an acceleration of the downtrend is likely.

A short-term correction toward 3135 may occur before a further drop below 3015. If Gold surpasses 3165, a bullish breakout could push the price beyond 3205.

A key factor supporting the potential rise in XAUUSD prices is the test of the bullish trend line on the Relative Strength Index (RSI). An additional signal is the rebound from the lower boundary of the ascending channel.

• A bearish price correction and test of the support area near 3080 are expected.
• Continuation of the precious metal quotes growth with a target above 3215 is likely.
• An acceleration of the XAUUSD quotes fall is expected if the support level is broken and the price closes below 3165.

The scenario of gold price rise will be invalidated if the price falls and the 3045 level is breached. This will indicate a break of the support area and a continuation of the asset price fall to the area below the 2975 level.

• Invalidation of gold price rise: asset value fall and break of the 3045 level.
• Continuation of the gold price decline with a potential target below 2975.
• Analysis date: April 3, 2025.
• Analysis time: not specified.

XAUUSD is expected to rise. An additional confirming signal will be a test of the bullish trend line on the relative strength indicator (RSI). A rebound from the lower border of the ascending channel is also anticipated.

A bearish price correction and test of the support area near 3075 is expected. A continuation of the growth of metal quotes with a target above 3215 is likely.

The scenario of rising gold prices will be invalidated if the price falls and breaks the 3045 level. This will indicate a continuation of the decline in gold prices with a potential target below the 2985 mark. An acceleration of the XAUUSD quotes fall is possible if the support area is broken and the price closes below the 3135 level.

The key date to watch is April 2, 2025. In case of a break of the 3045 level, which acts as strong support, a further fall towards 2985 is expected. A test and rebound from the lower border of the ascending channel and a test of the bullish trend line on the RSI indicate further growth with a target above 3215.

In the short term, we expect a test of the support area around 3075, followed by a continuation of growth. If the price falls below 3135, it will be a sign of an accelerated fall.

XAUUSD shows signs of growth. The first signal for further increase is testing the trend line on the RSI indicator, while the second is a rebound from the lower boundary of the ascending channel. If the gold price breaks support at 3055, it could indicate a further decline towards 3005.

A short-term correction down to 3085 is possible, followed by continued growth aiming above 3205. The bullish scenario would be invalidated if 3055 is breached, potentially leading to a further drop below 3005. The likelihood of an accelerated decline increases if the price closes below 3135.

A possible decline in XAU/USD is supported by a test of the descending trendline on the RSI indicator. Another signal confirming the downward movement is a rebound from the upper boundary of the descending channel.

Key Levels:

• Resistance: 3025

• Support: 3015 → 2990

• Breakout Level: 3045 → 3095

On March 25, 2025, if the price rises sharply and breaks above 3045, this will signal continued bullish momentum toward 3095. However, a confirmed close below 3015 may accelerate the decline, with a target below 2990.

For now, expect a short-term bullish correction toward 3025, followed by a continued price drop. A strong breakout above 3045 would invalidate the bearish scenario and indicate further growth.

An additional signal supporting Gold's price growth for the week March 24–28, 2025 is a rebound from the trend line on the RSI. Another confirmation comes from a bounce off the lower boundary of the bullish channel.

A bullish scenario will be invalidated if XAU/USD drops below 2875, signaling a breakdown of the bullish channel and a potential decline toward 2725. However, if the price breaks through resistance and closes above 3045, it will confirm an upward movement.

Initially, a bearish correction may test support near 2935, followed by a continuation of the uptrend targeting 3145. A successful test of the trend line on the RSI will further support the price increase. Conversely, a break below 2875 will indicate a deeper decline toward 2725.

A potential decline in XAUUSD is supported by the RSI trend line retest and a rebound from the upper boundary of the “Head and Shoulders” pattern. If the price breaks 3055, this could indicate further upward movement toward 3095, invalidating the bearish outlook.

A drop is expected if the price falls below 3010, signaling a breakdown of the lower border of the pattern and confirming a bearish trend. A short-term correction may lead to testing resistance at 3040, followed by a decline toward 2965.

The bearish scenario is canceled if the price surges past 3055, suggesting further growth beyond 3095.

A potential rise in XAU/USD is supported by a bullish trend line test on the RSI indicator. Additionally, a rebound from the lower boundary of the bullish channel strengthens this outlook.

A breakout below 2975 would invalidate the growth scenario, signaling further decline toward 2945. Conversely, if the price surpasses 3045, we could see an acceleration toward 3155.

In the short term, a pullback toward 3005 may occur before an upward continuation. However, a confirmed breakdown of 2975 would indicate extended losses, with prices potentially dropping below 2945.