Gold Outlook – Breakout or Pullback in the Final Week of March?

🧠 Final Week of March: Will Gold Break Out or Pull Back? Complete Market Outlook + Trade Plan for XAUUSD
🌐 1. Fundamental Overview – Macro Factors Driving Gold
Gold experienced a sharp $50+ correction last week after printing new all-time highs. The recent price action was shaped by several key macroeconomic factors:

🔸 The Federal Reserve held interest rates steady and delivered a more cautious tone — suggesting no immediate rate cuts, which strengthened the USD and put pressure on gold.
🔸 US Dollar Index (DXY) recovered above the 104 mark, adding bearish momentum for XAUUSD.
🔸 Upcoming US inflation data (PCE this Friday) is the main event of the week — market participants are positioning cautiously ahead of this.
🔸 End-of-quarter fund flows may trigger erratic moves and profit-taking, especially as institutions rebalance portfolios.

Despite this pullback, late-week buying activity suggests that buyers are still defending key zones, and the medium- to long-term bullish structure remains intact.

📈 2. Technical Analysis – Chart Structure & Price Action
✅ Market Context:
Price broke out of the short-term ascending channel but is still respecting the major uptrend structure

Currently testing support zones with potential for either continuation or deeper correction

Key zone around 3,013.67 is holding for now, but volatility is expected

🆕 Monday Opening (March 25, 2025) Update:
Gold opened with weakness after a brief end-of-week bounce
Price is currently stalling at a key Fibonacci retracement area (0.5–0.618) on H1/H2
Buyers have lost momentum, suggesting a consolidation or second leg down may be forming

🔁 Scenarios:
🟢 Bullish Scenario:
Price holds above 3,000 / 2,987 zone
Rebound to test 3,031.80 → breakout → targets 3,046.38 and 3,057.58
🔴 Bearish Scenario:
Failure to hold 3,000 → break below 2,987 → opens downside continuation

Price could revisit deeper demand zones below (e.g., 2,970–2,950)

📌 Key Levels:
Resistance: 3,031- 3,046 - 3,057

Support: 3,013 - 3,000.33 - 2,987

🎯 TRADE PLAN – XAUUSD
BUY ZONE: 3000 – 2998
SL: 2994
TP: 3004 – 3008 – 3012 – 3016 – 3020

SELL ZONE: 3030 – 3032
SL: 3036
TP: 3026 – 3022 – 3018 – 3014 – 3010 – 3000

Trade within reaction zones. Prioritize partial profits and always protect your capital with tight SLs.

✅ Conclusion:
Gold is still technically bullish but in a corrective phase
Market awaits confirmation from either bulls or bears before a clean breakout
News flow + macro data (PCE) will be key catalysts this week
Stay patient, trade the levels, and let price action lead

— AD | Money Market Flow