empty
en
Search
Support
Instant account opening
Trading Platform
Deposit/Withdraw
Search
P2P Exchange Financial Markets For Partners Forum About InstaSpot
en
For Traders
Forex Analysis
Technical analysis

18.03.202518:08 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for March 18-20, 2025: sell below $3,037 (+2/8 Murray + W_R1)

Exchange Rates 18.03.2025 analysis

Early in the American session, gold was trading at 3,029.38, above the +1/8 Murray level, reaching overbought levels and above the psychological level of $3,000.

Market fears are driving the price of the precious metal. We believe that once these events occur, gold will suffer a strong technical correction.

Technically, gold is overbought. However, it could continue to rise in the coming days, reaching the +2/8 Murray level at 3,046.88.

The H4 chart shows gold facing strong weekly resistance around 3,037, which could serve as a barrier as it is technically showing overbought signs.

Gold could suffer a strong technical correction below +2/8 Murray due to the extreme overbought levels observed. Hence, the metal could reach the support level of 3,007 and even reach the 21-SMA around 2,989.

Since gold is a safe haven asset in the face of risk aversion, investors are trying to buy this instrument. We believe it could continue to rise in the coming hours. So, we could continue buying above 3,020.

We also expect a strong technical correction, as XAU could fall toward the support level of 2,980 and even reach the Murray 8/8 at 2,968.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

See Also

Forex Analysis & Reviews
All analytics
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
Trend line
Video analytics
Instrument:
EURUSD
GBPUSD
USDCHF
USDCAD
USDJPY
AUDUSD
GBPJPY
EURGBP
EURJPY
NZDUSD
EURNZD
Silver
Gold
#USDX
COVID-19
Bitcoin
Photonews
All Photonews
Forex News
  • 2025-04-22 06:34:04
    WTI Crude Oil Falls by Over 3%
    Quick show
    2025-04-22 06:34:04
    U.S. Leading Index Declines to -0.7% in March Amid Economic Slowdown
    Quick show
    2025-04-22 06:34:04
    US 10-Year Yield Rises Further
    Quick show
    2025-04-22 06:34:04
    TSX Retreats on Monday
    Quick show
    2025-04-22 06:34:04
    US Stocks Kick Off the Week in The Red
    Quick show
    2025-04-22 06:34:04
    Russian Stocks Rebound from April Lows
    Quick show
    2025-04-22 06:34:04
    India Infrastructure Output Accelerates
    Quick show
    2025-04-22 06:34:04
    India's Infrastructure Output Jumps to 3.8% in March: An Encouraging Year-Over-Year Growth
    Quick show
    2025-04-22 06:34:04
    Russian Ruble Hovers at 2-Year High
    Quick show
    2025-04-22 06:34:04
    US Futures Point to Losses at the Open
    Quick show
  • 2025-04-22 06:34:04
    Dutch Consumer Confidence Dips Further, Hits -37.0 in April 2025
    Quick show
    2025-04-22 06:34:04
    US 10-Year Yield Holds Advance
    Quick show
    2025-04-22 06:34:04
    India Slaps 12% Temporary Tariff on Steel Imports
    Quick show
    2025-04-22 06:34:04
    Offshore Yuan Dips as US-China Tensions Rise
    Quick show
    2025-04-22 06:34:04
    Australian Dollar Hits 4-Month High
    Quick show
    2025-04-22 06:34:04
    Kiwi Dollar Climbs to Over 5-Month High
    Quick show
    2025-04-22 06:34:04
    India, US to Hold Key Trade Talks This Week
    Quick show
    2025-04-22 06:34:04
    Yen Supported by Safe-Haven Demand
    Quick show
    2025-04-22 06:34:04
    South Korean Won Slips Ahead of US Trade Talks
    Quick show
    2025-04-22 06:34:04
    PBoC Pushes Yuan Use in Global Trade Amid Rising Tensions
    Quick show
  • 2025-04-22 06:34:04
    China Stocks Mixed Amid Lingering Trade Tensions
    Quick show
    2025-04-22 06:34:04
    Gold Hits Fresh Record
    Quick show
    2025-04-22 06:34:04
    Hong Kong Equities Slip After Wall Street Sell-Off
    Quick show
    2025-04-22 06:34:04
    Dollar Languishes at 3-Year Low
    Quick show
    2025-04-22 06:34:04
    South Korean Shares Edge Higher
    Quick show
    2025-04-22 06:34:04
    US Imposes New Solar Tariffs on Southeast Asian Imports
    Quick show
    2025-04-22 06:34:04
    Oil Gains on Technical Rebound
    Quick show
    2025-04-22 06:34:04
    Australian Shares Slide in Post-Holiday Trading
    Quick show
    2025-04-22 06:34:04
    Japanese Shares Slip on Weak Wall Street Cues
    Quick show
    2025-04-22 06:34:04
    US Futures Steady After Sharp Selloff
    Quick show
  • 2025-04-22 06:34:04
    New Zealand Stocks Under Pressure After Wall Street Rout
    Quick show
    2025-04-22 06:34:04
    New Zealand Trade Surplus Doubles in March
    Quick show
    2025-04-22 06:34:04
    New Zealand's Imports Surge Amid Economic Adjustments: March 2025 Data Reveals Rising Trend
    Quick show
    2025-04-22 06:34:04
    New Zealand's Trade Deficit Narrows Slightly in March
    Quick show
    2025-04-22 06:34:04
    New Zealand Trade Balance Surges in March, Exceeding Previous Month's Figures by a Wide Margin
    Quick show
    2025-04-22 06:34:04
    South Korea’s Producer Inflation Slows to 1.3% in March
    Quick show
    2025-04-22 06:34:04
    South Korea's Producer Price Index Stands Still in March, Marking Two Consecutive Months of No Change
    Quick show
    2025-04-22 06:34:04
    South Korea's PPI Declines in March, Signaling Easing Inflationary Pressures
    Quick show
    2025-04-22 06:34:04
    TSX Start Week in the Red
    Quick show
    2025-04-22 06:34:04
    Wall Street Sinks as Trump Slams Fed
    Quick show
  • 2025-04-22 06:34:04
    Wall Street Slides as Trump Targets Powell
    Quick show
    2025-04-22 06:34:04
    Colombia Economic Activity Eases in February
    Quick show
    2025-04-22 06:34:04
    Heating Oil Tracks Crude Lower
    Quick show
    2025-04-22 06:34:04
    U.S. 6-Month Treasury Bill Auction Sees Nominal Decrease in Yield at 4.050%
    Quick show
    2025-04-22 06:34:04
    U.S. 3-Month Bill Auction Shows Steady Yield at 4.225%
    Quick show
    2025-04-22 06:34:04
    US Natgas Prices Fall to 11-Week Low
    Quick show
    2025-04-22 06:34:04
    Mexican Peso Near 6-Month High
    Quick show
    2025-04-22 06:34:04
    Gold Hits New Record High
    Quick show
    2025-04-22 06:34:04
    Rising Tide of Turkey's Central Government Debt Surpasses 10 Trillion Mark in March
    Quick show
    2025-04-22 06:34:04
    Canadian Dollar Hits 6-Month High
    Quick show
  • 2025-04-22 06:34:04
    WTI Crude Oil Falls by Over 3%
    Quick show
    2025-04-22 06:34:04
    U.S. Leading Index Declines to -0.7% in March Amid Economic Slowdown
    Quick show
    2025-04-22 06:34:04
    US 10-Year Yield Rises Further
    Quick show
    2025-04-22 06:34:04
    TSX Retreats on Monday
    Quick show
    2025-04-22 06:34:04
    US Stocks Kick Off the Week in The Red
    Quick show
    2025-04-22 06:34:04
    Russian Stocks Rebound from April Lows
    Quick show
    2025-04-22 06:34:04
    India Infrastructure Output Accelerates
    Quick show
    2025-04-22 06:34:04
    India's Infrastructure Output Jumps to 3.8% in March: An Encouraging Year-Over-Year Growth
    Quick show
    2025-04-22 06:34:04
    Russian Ruble Hovers at 2-Year High
    Quick show
    2025-04-22 06:34:04
    US Futures Point to Losses at the Open
    Quick show
  • 2025-04-22 06:34:04
    Dutch Consumer Confidence Dips Further, Hits -37.0 in April 2025
    Quick show
    2025-04-22 06:34:04
    US 10-Year Yield Holds Advance
    Quick show
    2025-04-22 06:34:04
    India Slaps 12% Temporary Tariff on Steel Imports
    Quick show
    2025-04-22 06:34:04
    Offshore Yuan Dips as US-China Tensions Rise
    Quick show
    2025-04-22 06:34:04
    Australian Dollar Hits 4-Month High
    Quick show
    2025-04-22 06:34:04
    Kiwi Dollar Climbs to Over 5-Month High
    Quick show
    2025-04-22 06:34:04
    India, US to Hold Key Trade Talks This Week
    Quick show
    2025-04-22 06:34:04
    Yen Supported by Safe-Haven Demand
    Quick show
    2025-04-22 06:34:04
    South Korean Won Slips Ahead of US Trade Talks
    Quick show
    2025-04-22 06:34:04
    PBoC Pushes Yuan Use in Global Trade Amid Rising Tensions
    Quick show
Company News
All news
InstaForex to Participate in Money Expo Abu Dhabi 2025 as a Diamond Sponsor

InstaForex to Participate in Money Expo Abu Dhabi 2025 as a Diamond Sponsor

InstaForex is proud to announce its participation in one of the largest events in the finance and trading industry — Money Expo Abu Dhabi 2025, taking place on April 23–24 in the very heart of the United Arab Emirates. Money Expo Abu Dhabi is an international platform that brings together thousands of industry professionals — investors, traders, brokerage firms, financial institutions, and tech startups. This two-day event will become a true hub for everyone interested in the latest trends, cutting-edge solutions, and emerging opportunities in the financial markets.

Show more
Caricatures
All caricatures
Can't speak right now?
Ask your question in the chat.
 

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 InstaSpot anyway.

We are sorry for any inconvenience caused by this message.